‘Uncertainty now a standing condition of international economy’, says finance minister Nirmala Sitharaman; highlights India's economic resilience

India's finance minister Nirmala Sitharaman has stated that uncertainty is now a standing condition of the international economy. She highlighted India's economic resilience, citing several strategic responses including the critical minerals mission, rare earth corridors, semiconductor programme, and small modular reactors, according to Hindustan Times.

The country's vice-president, C P Radhakrishnan, has also commented on India's economic development, saying that India can only be considered a developed economy if its development is inclusive. He emphasized the importance of policymakers understanding ground realities at both micro and macroeconomic levels. Radhakrishnan cited China's success story, noting that they have understood the importance of ground realities at both levels, which has contributed to their economic growth.

Radhakrishnan also stressed the importance of consensus in addressing the challenges faced by economies today. He made these comments at the inauguration of the Kautilya Economic Conclave, 2026, where he discussed the need for inclusive development and policymakers' understanding of ground realities.

Brief written by urgent.news from Hindustan Times, The Indian Express — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.