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'2026 resembles 1991': CEA Nageswaran says India is at a critical economic inflection point

Chief Economic Advisor V Anantha Nageswaran emphasized that 2025-26 could be a significant inflection point for India's economy. He mentioned the challenges posed by global shocks and supply-side disruptions in recent years. The reliance on imported crude oil adds to India's vulnerability to fluctuating international energy prices. Strengthening resilience to…

The Economic Times · Oct 29

CEA Nageswaran pitches for MSME-specific approach to NPA classification norms

V Anantha Nageswaran emphasized the need to revise non-performing asset classification norms for micro, small and medium enterprises. He highlighted that existing norms do not consider diverse cash flow cycles and working capital requirements. The Chief Economic Advisor pointed out that a uniform global framework is unsuitable for India’s business…

The Economic Times · Oct 9

Absence of AI in equities will become India's strength in a year, mkts to start attracting flows: CEA

Chief Economic Advisor V Anantha Nageswaran indicated that India's absence of AI focus might become an advantage. He believes that if the AI boom falters, foreign investors will seek alternative growth opportunities in India. Despite currency depreciation and external challenges, India maintains strong economic fundamentals and growth. Nageswaran highlighted the…

The Economic Times · Oct 8

Who gets the fruits of India’s economic growth? CEA Nageswaran has an answer

Chief Economic Adviser V Anantha Nageswaran said India’s economic growth will lead to meaningful transformation only if its benefits are shared between workers and businesses.

The Economic Times · Sep 21

‘Viksit Bharat depends on Viksit Rajya’: CEA calls for more private capital, higher state capex

Chief Economic Adviser V Anantha Nageswaran said India will need greater private-capital participation to finance its development ambitions towards 2047, urging states to create an investment-friendly ecosystem and strengthen capital expenditure. At a two-day conference on financing Viksit Bharat, Nageswaran said, “Viksit Bharat depends on Viksit Rajya”, while discussions also…

The Economic Times · Sep 20

'Indian economy more likely to be resilient rather than becoming more vulnerable': CEA V. Anantha Nageswaran

India's economy shows resilience despite global geopolitical and financial challenges. Strong bank credit and GST collections support this positive economic outlook. Rising global interest rates and oil prices introduce volatility after a calm period. India's Chief Economic Adviser emphasizes the need for adaptation and innovation. Private sector investment and R&D…

The Economic Times · Sep 15

Q1 GDP print shows domestic momentum strong but global risks remain a concern: CEA Nageswaran

India's domestic economic momentum remains strong in the near term, but uncertainties over global interest rates, energy supplies and food prices could weigh on growth going forward, India's Chief Economic Advisor, V Anantha Nageswaran said on Monday. He said the economy had demonstrated considerable resilience despite geopolitical disruptions and external…

The Economic Times · Aug 31

BPCL says no decision to replace E20 with E10, as govt debates lower-blend option for older vehicles

Bharat Petroleum Corp Ltd has clarified that there are no plans to switch from E20 petrol to E10 fuel. Discussions are currently taking place about the feasibility of lower ethanol blends for older vehicles. The existing infrastructure could accommodate a transition if government policies evolve. However, creating a new petrol…

The Economic Times · Aug 27

Akhilesh Yadav attacks Centre over E20 petrol, cites CEA's reported backing for E10

Samajwadi Party's Akhilesh Yadav questioned the government's stance on E20 petrol. He cited an economic adviser's reported concerns about potential vehicle damage. Yadav stated motorists face higher maintenance costs due to the new fuel blend. The government introduced E20 petrol to reduce emissions and oil imports.

The Economic Times · Aug 19

Financial sector must build safeguards against AI risks before using it: CEA

The financial sector cannot afford to ignore emerging AI-related threats until they become a reality, he said at an event organised by industry chamber Assocham here.

The Economic Times · Aug 7