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India's resilience built over past decade, structural autonomy key to future: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Saturday said India's economic resilience has been built consciously over the past decade through fiscal prudence, infrastructure creation, banking reforms, last-mile delivery and sustained reforms, while stressing the need for greater strategic autonomy and preparedness to deal with emerging global challenges.

India's resilience built over past decade, structural autonomy key to future: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman emphasized India's economic resilience built over the past decade through fiscal prudence, infrastructure development, banking reforms, and sustained reforms during her address at the 5th Kautilya Economic Conclave. Sitharaman highlighted the importance of strategic autonomy and preparedness to deal with emerging global challenges, citing India's ability to navigate shocks such as inflation, fuel queues, banking stress, and fiscal corrections without significant adverse outcomes.

She also outlined key priorities for the future, including strategic resource security, open and predictable global trade, skill development, and increased private investment in research and innovation, emphasizing that resilience is an ongoing process aimed at achieving higher productivity, better employment, and wider opportunities on the path towards Viksit Bharat by 2047.

Brief written by urgent.news from The Economic Times - Economy's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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