February 10, 2026 2:55 PM

NITI Aayog releases study outlining pathways to Viksit Bharat 2047 and Net Zero by 2070

NITI Aayog on Monday released the first set of study reports outlining India’s development pathways towards achieving the goal of Viksit Bharat by 2047 while progressing towards Net Zero greenhouse gas emissions by 2070. The reports form part of India’s first government-led, multi-sectoral and integrated assessment of long-term development and climate transition scenarios. The think tank is releasing a total of eleven reports on February 9 and 10, 2026. The initial three volumes were launch...

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...

January 31, 2025 5:24 PM

India must focus on domestic growth as globalisation slows, says Chief Economic Advisor

India's Chief Economic Advisor V. Anantha Nageswaran said on Friday that the country will have to rely on domestic growth drivers as "the era of globalisation, faster and larger movement of trade and goods and services is behind us". Addressing a press conference after the tabling of the Economic Survey in the Parliament, the Chief Economic Adviser (CEA) said that the value of trade affected by new import restrictions was just $170 billion in 2014-2015, but has now risen to over $1.3 trillion a...

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...