Jeffrey Sachs: India's economy strong, resilient amid global shocks
Synopsis
Top American economist Jeffrey Sachs told IANS that India's economy has the strength to weather global shocks — but issued a pointed warning: if West Asia tensions persist, no economy, including India, will remain insulated. He also called on India, Russia, and China to jointly press US President Donald Trump to end the conflict.
Key Takeaways
Jeffrey Sachs told IANS on 29 April 2025 that India has "a lot of strength and dynamism" and is likely to sustain its economic momentum.
He described the ongoing global crisis as a "serious shock" driven by conflicts, particularly in West Asia .
Sachs warned that prolonged conflict will "inevitably have consequences everywhere," including India .
He called on India, Russia, and China to jointly urge US President Donald Trump to de-escalate and end the conflict.
Sachs stressed that easing tensions and removing blockades is critical to restoring global economic normalcy.
Renowned American economist Jeffrey Sachs on Wednesday, 29 April expressed strong confidence in India's economic trajectory, stating that the country possesses robust underlying dynamism that is likely to continue despite ongoing geopolitical disruptions. Speaking exclusively to IANS in New Delhi, Sachs described India's economy as fundamentally resilient even as the global system grapples with significant shocks stemming from conflicts, particularly in West Asia.
India's Underlying Strength
Sachs was unequivocal in his assessment of India's economic fundamentals.
Point of View
But his more consequential message is the warning buried beneath the praise: no economy is permanently insulated from prolonged geopolitical conflict. His call for India, Russia, and China to collectively pressure Trump on West Asia is a notable geopolitical ask — one that places India in a delicate diplomatic position given its longstanding policy of strategic autonomy. Whether New Delhi will publicly align with such a trilateral pressure campaign remains deeply uncertain, and mainstream coverage has largely glossed over this tension in favour of the headline optimism.
NationPress
20 Jun 2026
Frequently Asked Questions
What did Jeffrey Sachs say about India's economy?
Jeffrey Sachs told IANS on 29 April 2025 that India has strong underlying dynamism and is likely to sustain its economic momentum despite ongoing global geopolitical disruptions. He described India's internal economic strength as a key stabilising factor for households and businesses.
Why did Sachs warn about the West Asia conflict's impact on India?
Sachs cautioned that while India has so far managed to shield itself from the worst impacts, prolonged conflict in West Asia will inevitably have economic consequences for all countries, including India. He described the current global crisis as a serious shock to the world economy.
What did Sachs say about Donald Trump and the global conflict?
Sachs called on India, Russia, and China to jointly urge US President Donald Trump to end the ongoing conflict, stating: "India, Russia, China need to explain to Mr. Trump, time to end this, go home. It was not a good idea. And for the sake of the whole world economy, it should stop now."
What does Sachs say is needed to restore global economic normalcy?
According to Sachs, easing global tensions and removing blockades are critical steps to restoring normalcy, and he stressed that de-escalation would benefit all economies — including India, the United States, and the broader world.
Who is Jeffrey Sachs?
Jeffrey Sachs is a renowned American economist and professor at Columbia University, widely known for his work on sustainable development, global poverty, and international economic policy. He has served as an adviser to multiple United Nations secretaries-general.
