India not pursuing dollar alternative: CEA Nageswaran clarifies on economic conditions; assures resilience amid global tensions
CEA Nageswaran clarified India’s non-participation in initiatives to create an alternative to the US dollar, emphasizing the nation’s economic resilience. Despite global trade tensions, India anticipates FY26 GDP growth in the 6.3–6.8 per cent range. Structural reforms, fiscal discipline, and a focus on innovation are key to India’s continued economic stability and growth.🕒 1 min read
CEA Nageswaran clarified India’s non-participation in initiatives to create an alternative to the US dollar, emphasizing the nation’s economic resilience. Despite global trade tensions, India anticipates FY26 GDP growth in the 6.3–6.8 per cent range. Structural reforms, fiscal discipline, and a focus on innovation are key to India’s continued economic stability and growth.
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