Indian economy’s been facing stormy weather resiliently. It’s not in crisis. But this also means economic reforms don’t feel urgent, which in turn means that the average Indian will not get rich like he could
Too many Cassandras have declared that Indian economy is in crisis. The label is dramatic. Its chief virtue lies in grabbing headlines and generating multiple clicks. But is it accurate? Not quite. Despite massive uncertainties resulting from Trump’s devastating assaults on the world trade order, his tariff tantrums, the Iran war oil shock, and disruptions in supply chains, the Indian economy is doing no worse than normal. One may even call its state impressive, given the odds.
Note the facts for FY2026, a tumultuous year by most standards.
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Views expressed above are the author’s own.
