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India constantly demonstrates remarkable resilience amid global turbulence: Das
Apr-10-2026

Shaktikanta Das, Principal Secretary to the Prime Minister, has emphasised that India has constantly demonstrated remarkable resilience during global crises, not only surviving them but also transforming and emerging stronger through the turbulence. He noted that the global economy continues to face an unsettled and charged environment marked by geopolitical tensions, supply chain disruptions and uneven growth across regions. 

Against this backdrop, the former RBI governor highlighted India's strong economic performance, stating that the country’s real GDP growth for FY26 is estimated at 7.6 per cent under a new GDP series, achieving a robust estimated average growth of 7.8% over the past five years. He also noted that India's economic resilience is driven by several factors like macroeconomic stability, policy consistency, infrastructure development and robust domestic demand. 

Talking about India's policy response during crises, he said the country adopted a calibrated approach. He said both fiscal and monetary measures were introduced when needed, therefore froth was not allowed to accumulate or overrun the system. He also highlighted structural changes in the economy, including rapid digitalisation, expansion of infrastructure and growth in manufacturing sectors, such as electronics and semiconductors. On the external front, he said India's strategic autonomy and diversified partnerships have reduced overdependence on any single country. Looking ahead, he said India's growth drivers, ranging from demographic advantage and rising consumption to infrastructure push and digital public infrastructure, are structural and durable. 


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