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Business
CEA Nageswaran: India at Economic Turning Point Like 1991, Says Official
✍️ Times Now
🗓 30 Oct 2026, 09:54 AM
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Chief Economic Adviser Nageswaran has compared India’s current economic trajectory to the reforms of 1991, highlighting a potential shift in growth dynamics.
Chief Economic Adviser Nageswaran, in a recent interview, likened India’s present economic situation to the landmark reforms of 1991, suggesting a similar turning point.
He pointed out that the current policy mix, including fiscal consolidation and structural reforms, could set the stage for sustained growth.
The comparison underscores the importance of maintaining momentum in reforms to achieve long‑term stability.
Observers note that such a shift would require continued focus on investment, productivity and regulatory ease.
The statement comes amid discussions on India’s economic strategy for the next decade.
He pointed out that the current policy mix, including fiscal consolidation and structural reforms, could set the stage for sustained growth.
The comparison underscores the importance of maintaining momentum in reforms to achieve long‑term stability.
Observers note that such a shift would require continued focus on investment, productivity and regulatory ease.
The statement comes amid discussions on India’s economic strategy for the next decade.