Overview

• The finance minister said sanctions, tariffs and decoupling are reshaping supply chains and testing alliances, marking a long-term shift rather than a passing shock.
• She asserted India’s capacity to absorb external shocks is strong, with growth anchored in fiscal consolidation, higher-quality capital expenditure and inflation control.
• Sitharaman reiterated a twin-track path to Viksit Bharat, targeting roughly 8% annual GDP growth by 2047 without turning the economy inward.
• Positioning India as a stabilising force, she urged developing countries to make active strategic choices to convert resilience into leadership.
• She tied today’s turbulence to structural imbalances in trade, finance and energy and pressed for reforms that update global institutions and amplify developing-nation voices.