Union Finance Minister Nirmala Sitharaman inaugurated the fourth edition of the Kautilya Economic Conclave (KEC 2025) in New Delhi on October 3, 2025. The three-day event, held at the Taj Palace, is themed “Seeking Prosperity in Turbulent Times” and brings together over 75 global policymakers, economists, and thought leaders from more than 30 countries.
Table of Contents
India’s Resilience Amid Global Challenges
In her inaugural address, Finance Minister Sitharaman highlighted India’s robust economic performance, emphasizing that the nation’s growth is firmly anchored in domestic factors, which mitigate the impact of global uncertainties. She noted that despite ongoing global turmoil, including geopolitical conflicts, sanctions, and shifting supply chains, India’s economic resilience remains strong.
Sitharaman pointed out that India’s economic strength is underpinned by steady domestic consumption, a growing services sector, and a dynamic manufacturing base. These elements provide a buffer against external shocks and contribute to the country’s stable growth trajectory.
Commitment to Growth Targets
Despite global challenges, the Finance Minister reaffirmed the government’s commitment to achieving an 8% GDP growth rate, aligning with the vision of a ‘Viksit Bharat’ (Developed India) by 2047. She emphasized that sustained economic growth is essential for inclusive development and poverty alleviation.
To support this growth, the government is focusing on increasing capital expenditure, particularly in infrastructure development, to stimulate economic activity and create employment opportunities. This approach aims to bolster domestic demand and enhance the nation’s competitiveness on the global stage.
Global Economic Landscape and India’s Role
Sitharaman acknowledged the transformative shifts in the global economy, including the rise of protectionism and trade barriers. She cautioned that such developments could lead to imbalances and volatility in the international economic system. However, she also highlighted India’s role as a stabilizing force, advocating for inclusive global cooperation to address shared challenges.
The Kautilya Economic Conclave serves as a platform for dialogue among global leaders to explore strategies for navigating economic turbulence and fostering sustainable growth. The discussions are expected to focus on areas such as financial governance reforms, digital infrastructure, and the role of emerging technologies in economic development.
Conclusion
The Kautilya Economic Conclave 2025 underscores India’s proactive approach to economic challenges and its commitment to achieving sustainable growth. By focusing on domestic strengths and fostering international collaboration, India aims to navigate global uncertainties and emerge as a leader in the evolving global economic landscape.
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Frequently Asked Questions About India’s Economic Resilience: Growth Anchored in Domestic Strengths, Says FM Sitharaman
Q1: What did FM Sitharaman highlight at Kautilya Economic Conclave 2025?
She emphasized India’s economic resilience and growth anchored in domestic factors, minimizing the impact of global uncertainties.
Q2: What factors are driving India’s economic growth?
Steady domestic consumption, a growing services sector, and a dynamic manufacturing base are key growth drivers.
Q3: What is India’s GDP growth target?
The government aims to achieve 8% GDP growth while promoting inclusive development.
Q4: How is India handling global economic challenges?
By focusing on domestic strengths, increasing capital expenditure, and fostering international cooperation to mitigate external shocks.