Chief Economic Adviser

December 17, 2025 5:39 PM

State-led reforms vital for higher education; India remains a bright spot amid global uncertainty: CEA Nageswaran

Chief Economic Adviser (CEA) V. Anantha Nageswaran on Wednesday said the next phase of reforms in India’s higher education sector must be led by states, while underscoring that the country continues to remain a bright spot in the global economy despite external uncertainties. Speaking at the CII Global Higher Education Summit in New Delhi, Nageswaran said states have a critical role to play in strengthening higher education by shifting from a model of control to one of stewardship. He emphasi...

November 7, 2025 4:54 PM

India set to exceed 6.8% GDP growth in FY26: CEA Nageswaran

Chief Economic Adviser V. Anantha Nageswaran on Friday said that India’s private capital expenditure remains robust despite global uncertainty, and the country is projected to achieve GDP growth exceeding 6.8 per cent in current fiscal (FY26). Speaking at an event in Mumbai, he indicated a potential upward revision of GDP growth following Q2 data, citing a recovery in private capital expenditure and increased foreign inflows. The CEA noted that the first five months of the year have already ...

September 10, 2025 5:32 PM

India not pushing for alternative to US dollar: CEA Nageswaran

Chief Economic Adviser V. Anantha Nageswaran on Wednesday dismissed speculations that India is exploring an alternative currency to the US dollar, stating that no such plans are under consideration. Nageswaran added that despite tariff disputes and geopolitical uncertainties affecting global trade, the Indian economy is well-positioned for positive developments rather than shocks. “India’s economy remains on a firm footing,” he affirmed. The CEA noted that the net impact of US tariffs an...

September 16, 2024 5:22 PM

India’s per capita income projected to reach Rs 14.9 lakh by 2047

As India approaches its 100th year of independence in 2047, the country's per capita income is projected to reach Rs 14.9 lakh, according to a presentation made by Chief Economic Adviser V Anantha Nageswaran. As per a presentation made by the Chief Economic Adviser V Anantha Nageswaran at a press conference after the tabling of the Economic Survey for 2023-24, the per capita income is currently Rs 2.12 lakh in 2023-24. In dollar terms, it is at USD 2,500. This figure represents more than a dou...