India’s Chief Economic Adviser Confident Of Sustaining Growth Amid Base Year Revision

  India’s Chief Economic Adviser has expressed confidence that the economy will continue to grow at a robust pace of 6.8% to 7.2%, despite the forthcoming revision of the GDP base year. The revision, scheduled to be announced in February, is expected to update the statistical framework used to measure economic activity, aligning it more closely with current market realities.  

Key highlights from the announcement include  

• Growth rate expected to remain between 6.8% and 7.2%.  
• GDP base year revision to be announced in February.  
• Revision aimed at improving accuracy of economic measurement.  
• Confidence reflects resilience in India’s domestic demand and investment cycles.  
• Government continues to emphasize infrastructure, manufacturing, and energy transition as growth drivers.  
• Experts note that India remains one of the fastest-growing major economies globally.  

The statement underscores India’s economic strength and the government’s confidence in sustaining growth momentum. With structural reforms, rising investments, and strong domestic demand, India is positioned to maintain its trajectory even as statistical frameworks evolve.  

Sources: Reuters, Bloomberg, Economic Times