Economist Swaminathan Aiyar argues that India’s strong economic growth is a result of long-term structural reforms, not short-term budget adjustments. He advises the government to prioritize fiscal consolidation and deregulation over new stimulus measures or expanding subsidies and PLI schemes, emphasizing the need to cut red tape to sustain momentum.
India defies West Asia war concerns as Q4 GDP growth hits 7.8%; risks remain ahead
India’s economy surged by a better-than-expected 7.8% in the March quarter, exceeding forecasts and pushing FY26 growth to 7.7%. This robust performance was driven by
June 6, 2026