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India is on track to exceed the $4 trillion milestone in 2025-26 (FY26), surpassing the $3.9 trillion gross domestic product (GDP) mark recorded at the end of March 2025, Chief Economic Adviser (CEA) V Anantha Nageswaran said on Tuesday. Further, he mentioned 'The economy is already sort of crossing the $4 trillion mark in the course of the current financial year. We were at $3.9 trillion at the end of March 2025, and geopolitics is in a huge state of flux. There is a lot of discontinuity, and economic growth is a very vital prerequisite not only for delivering prosperity but also for maintaining our standing and leverage in the global scheme of things. If we have to create 8 million jobs a year, at least for the next 10-15 years, economic growth is a necessary condition. As a country, if we have to rise from $3.9 trillion to meet milestones along the way, our energy requirements are bound to rise' He noted that the country should register growth and progress, with the environment taken into account. Mentioning that India should prioritise climate adaptation as most climate-related losses arise from vulnerability rather than emissions, he said that strengthening coastal protection, water systems, heat resilience, and climate-smart agriculture will reduce systemic risks and make India's transition more stable. Powered by Capital Market - Live News
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