THE GREAT PARADOX OF 2025

GLOBAL SYSTEM NO LONGER REWARDS MACROECONOMIC SUCCESS

- NARAYANAN V

THE SURVEY NOTES that India’s “strongest macroeconomic performance in decades” has collided with a global system that no longer rewards macroeconomic success with currency stability, capital inflows or strategic insulation, calling it the “paradox of 2025”.

Terming India as “a victim of geopolitics and a strategic power gap,” the Survey said the country's economic ambitions are confronting powerful global headwinds as the world’s dominant power is rethinking its economic and other commitments and priorities, throwing global trade into a welter of uncertainty.

The Survey, however, noted that these same forces could be turned into tailwinds if the State, the private sector and households are willing to align, adapt and commit to the scale of effort that the moment demands. “The task will be neither simple nor comfortable — but it is unavoidable.”