Overview

• Opening the Kautilya Economic Conclave in New Delhi, the finance minister said sanctions, tariffs and decoupling are reshaping supply chains and the wider economy.
• She reiterated an 8% GDP growth objective as the pathway to achieving Viksit Bharat by 2047, stressing self‑reliance without closing the economy.
• Sitharaman said India’s expansion is anchored in domestic drivers and asserted that the country has a strong capacity to absorb external shocks.
• Warning that confidence is eroding, she called for reform and strengthening of multilateral institutions to stabilize trade and investment flows.
• She highlighted difficult trade‑offs for developing nations, including energy transition versus energy security, and flagged stablecoins as part of a new monetary architecture.