Shaktikanta Das: India Strengthens Through Global Challenges

Key Takeaways

India demonstrates remarkable resilience during global crises.

The nation has achieved a real GDP growth of 7.6% in FY26.

Macroeconomic stability and strong domestic demand are vital for resilience.

Controlling inflation is essential to protect the poor.

India's strategic autonomy reduces dependence on single countries.

New Delhi, April 9 (NationPress) India has repeatedly demonstrated remarkable resilience amidst global crises, not only surviving but also evolving and emerging even stronger, stated Shaktikanta Das, Principal Secretary to the Prime Minister, on Thursday.

Addressing the AIMA National Leadership Conclave in the capital, Das emphasized that India's journey through challenging times showcases its capacity for growth despite significant obstacles.

“In every crisis, the nation has not only faced hardships but has also transformed in measurable ways,” he remarked.

He noted that the global economy is currently experiencing a tense and uncertain landscape, characterized by geopolitical tensions, disruptions in supply chains, and uneven growth across various regions.

“The risks facing the global economy are predominantly skewed towards the downside,” Das elaborated. In light of these challenges, he highlighted India's impressive economic performance.

“The nation achieved a real GDP growth of 7.6 percent in FY26, with an average growth rate of 7.8 percent over the last five years,” Das stated.

He explained that India's strength not only lies in its ability to absorb shocks but also in its capacity for transformation during challenging times.

Key factors contributing to this resilience include macroeconomic stability, consistent policy frameworks, infrastructure expansion, and robust domestic demand.

Stressing the importance of controlling inflation, Das remarked that rising prices disproportionately affect the poorest segments of society.

He added that maintaining low inflation boosts consumer purchasing power and enhances overall economic stability.

Das also discussed India’s balanced policy responses during crises, highlighting the timely introduction and withdrawal of both fiscal and monetary measures to prevent systemic excesses.

He further pointed to structural transformations within the economy, such as rapid digitalization, infrastructure growth, and advancements in sectors like electronics and semiconductors.

“On the global stage, India’s strategy of maintaining strategic autonomy while diversifying partnerships has significantly reduced dependence on any single country,” he stated.

Point of View

I observe that Shaktikanta Das's statements reflect a cautious optimism regarding India's economic resilience. This perspective highlights the importance of strategic policy responses in navigating global challenges while ensuring inclusive growth.

NationPress

13 Jul 2026

Frequently Asked Questions

What did Shaktikanta Das say about India's economic resilience?

Shaktikanta Das emphasized that India consistently emerges stronger from global crises, showcasing its ability to transform despite challenges.

What are the key factors contributing to India's resilience?

Key factors include macroeconomic stability, consistent policy decisions, infrastructure development, and strong domestic demand.

How did India perform economically during FY26?

India recorded a real GDP growth of 7.6 percent in FY26, with an average of 7.8 percent over the past five years.

Why is controlling inflation important according to Das?

Controlling inflation is crucial as rising prices disproportionately affect the poor and maintaining low inflation enhances consumer purchasing power.

What structural changes are occurring in the Indian economy?

Significant structural changes include rapid digitalization, infrastructure expansion, and growth in sectors such as electronics and semiconductors.