Rating upgrades, high growth rate show India not dead economy: FM

Finance Minister Nirmala Sitharaman on Monday cited India's 8.2 per cent growth and sovereign rating upgrades by global agencies to say that if India was a 'dead economy' then such upgrades would not have happened.

- PTI

Taking on Opposition members in the Lok Sabha who sought the government's response to US President Donald Trump calling India a "dead economy", Sitharaman said India is the fastest-growing major economy, which grew at 8.2 per cent in the September quarter.

The minister said the economy in the last 10 years transitioned from "external vulnerability to external resilience".

"Every institution is raising our growth outlook for this year and the forthcoming year. There are clear expressions (from the IMF) recognising India's growth and no dead economy gets a credit rating upgrade by DBRS, S&P and R&I," Sitharaman said during reply to the Supplementary Demands for Grants for 2025-26 in the Lok Sabha.