Further, he mentioned The economy is already sort of crossing the $4 trillion mark in the course of the current financial year. We were at $3.9 trillion at the end of March 2025, and geopolitics is in a huge state of flux. There is a lot of discontinuity, and economic growth is a very vital prerequisite not only for delivering prosperity but also for maintaining our standing and leverage in the global scheme of things. If we have to create 8 million jobs a year, at least for the next 10-15 years, economic growth is a necessary condition. As a country, if we have to rise from $3.9 trillion to meet milestones along the way, our energy requirements are bound to rise
He noted that the country should register growth and progress, with the environment taken into account. Mentioning that India should prioritise climate adaptation as most climate-related losses arise from vulnerability rather than emissions, he said that strengthening coastal protection, water systems, heat resilience, and climate-smart agriculture will reduce systemic risks and make Indias transition more stable.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
