Chief Economic Advisor

West Asia crisis may weigh on FY27 outlook, says Nageswaran

It is time the country had access to a larger and a more varied range of assessments of the Indian economy

CEA V Anantha Nageswaran calls for productivity gains to counter energy shocks from West Asia, highlights role of digital public infrastructure in building economic resilience

Veteran economist Ashok Lahiri, with experience across IMF, finance ministry and electoral politics, will take over as vice chairman of NITI Aayog as Suman Bery retires later this month

Former chief economic adviser and BJP MLA from West Bengal has been given a key position at India's top public policy think tank to bring decades of experience to the organisation

He said that how the crisis ends is an equally important question to know whether both sides voluntarily end the conflict, or one side withdraws due to fatigue or exhaustion

Chief Economic Adviser V. Anantha Nageswaran said India must act urgently to manage AI-driven labour shifts.

Economic Survey flags behaviour, not culture, as key to urban order, showing how rule-based metro systems shape civic discipline better than laws alone

India is uniquely placed to benefit from demographics, technology and AI adoption, but state-led reforms under NEP 2020 will determine whether the country can emerge as a global research destination

Chief Economic Advisor V Anantha Nageswaran's comments come amid a series of exchanges between the two sides to reduce trade barriers

Government reviewing FDI policies as net inflows stay muted; manufacturing push and policy reforms key to attracting investment

Chief Economic Adviser V Anantha Nageswaran said India's growth outlook remains strong, with Q2 momentum boosting expectations that GDP will exceed 7 per cent and cross $4 trillion this fiscal year

Chief Economic Advisor V Anantha Nageswaran on Friday flagged the concentration of large and well-rated companies in the bond market for raising funds, and said there is a need to enable mid-sized firms to access markets "systematically and affordably". There is also a need to increase liquidity in the markets, and investors need to shed the tendency of holding papers till maturity, Nageswaran said. The "double-engine" of bond markets and bank funding will help provide the required financial support for a growing economy like India going forward, he said. Amid wider calls for self-reliance in the economic sphere, the academician-turned-policymaker made it clear that domestic money should "anchor" the funding in the Indian debt markets, and foreign flows should "complement" it. "The challenge today is not the absence of a debt market but its concentration. Large and highly rated firms raise capital with ease. The task ahead is to enable mid-sized corporates, infrastructure SPVs, sup

Chief Economic Advisor V Anantha Nageswaran on Tuesday said the size of Indian economy is expected to cross USD 4 trillion in current fiscal. He said with the geopolitics in a "huge state of flux", economic growth is very vital prerequisite to maintain India's standing and leverage in the global scheme of things. India currently is the fifth largest economy in the world with a GDP of around USD 3.9 trillion. Speaking at the IVCA Green Returns Summit 2025, Nageswaran said the Indian economy is already sort of crossing the USD 4 trillion mark, in the course of the current financial year, from USD 3.9 trillion at the end of March 2025. "So, whatever we do with respect to greening the economy, energy transition, environment, dealing with climate change and climate volatility have to be aligned with our priorities, both in the near term and the medium term," he said. Nageswaran said the country is well aware of the potential consequences of global warming and climate change and more ..

India's chief economic adviser V. Anantha Nageswaran says IPOs are increasingly helping early investors exit rather than supporting long-term capital formation

Chief Economic Advisor V Anantha Nageswaran voiced concern that IPOs are increasingly serving as exit routes for early investors, diluting the purpose of public markets and long-term capital raising

Chief Economic Advisor (CEA) V Anantha Nageswaran on Friday exuded confidence that economic growth would be upwards of 6.8 per cent in the current financial year driven by consumption boost provided by GST rate cut and income tax relief. The Economic Survey tabled in parliament in January had projected real economic growth of 6.3-6.8 per cent for FY26. "Comfortable looking at a number north of 6.8 per cent now. My original range was 6.3 to 6.8 per cent (projected in Economic Survey). Back in August, we were all concerned about whether we would even go towards the lower end of the 6-7 range. "Now I think there is a lot of comfort in saying that it would be definitely north of 6.5 and I am more comfortable saying even north of 6.8 but whether I will put a 7 handle in front of it, I will wait for the second quarter numbers to come out before I move even a notch higher," Nageswaran said at CNBC-TV18's Global Leadership Summit 2025. India recorded a 7.8 per cent gross domestic product .

He further added that AI is moving in an automation-centric direction, which is likely to replace labour, instead of taking a human-centric approach

CEA V Anantha Nageswaran says India's economy is performing better than expected, with growth likely above 6.7 per cent this fiscal, aided by fiscal discipline, tax reforms, and steady inflation

At Business Standard BFSI Insight Summit 2025, Nageswaran said that inflation and the rupee are stable, and fiscal discipline keeps deficits and borrowing costs under control