Arvind Panagariya Highlights Resilient Economy Amid Middle East Tensions

Speaking to IANS on the sidelines of the Kautilya Economic Conclave, Panagariya said that his long‑standing view of a 7‑8 percent growth trajectory for India has held true even as geopolitical risks rose in the Middle East. Initially, he feared a severe impact on the Indian economy, but the data showed a different story.

"Inflation has stayed anchored and the growth engine remains humming," he remarked, underscoring the effectiveness of policy measures and the economy’s inherent flexibility in absorbing external disturbances.