FM: India to remain among fastest growing economies

INDIA IS POISED to remain one of the fastest-growing economies globally over the coming years, finance minister Nirmala Sitharaman said on Friday, reaffirming the country's commitment to inclusive, sustainable and innovation-led development across the Global South.

- FE BUREAU

Speaking at the 10th annual meeting of the board of governors of the New Development Bank (NDB) in Rio de Janeiro, Brazil, the minister highlighted the Indian economy's remarkable post-pandemic recovery, driven by macroeconomic stability, digital transformation, and inclusive policy design.

"Strong focus on macroeconomic stability, targeted efforts to promote digitalisation and inclusive policy design have been instrumental in achieving this, despite facing multiple domestic and external challenges," she said.

Indian economy grew by 6.5% in FY25 and is estimated to achieve 6.5% growth in FY26 while the rest of the world is struggling amid global uncertainties.