Overview
- Chief Economic Advisor V Anantha Nageswaran said the economy is expected to cross $4 trillion in the current fiscal year.
- He noted geopolitics is in a state of flux and argued that faster growth is necessary to maintain India’s standing and leverage.
- The projection follows an estimated GDP of about $3.9 trillion at end-March 2025, placing India as the world’s fifth-largest economy.
- Speaking at the IVCA Green Returns Summit in New Delhi, he urged that greening, energy transition and climate resilience be aligned with near- and medium-term priorities.
- He reiterated India’s commitment to reach net-zero emissions by 2070, citing risks from global warming to agriculture, the environment and coastlines.