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CEA flags US ties, energy as headwinds, calls for strategic buffers
The brief
- CEA V Anantha Nageswaran says India cannot afford to choose between global blocs
- He called for strategic buffers and partnerships with foreign countries
- CEA Nageswaran says global disinflation is over, India needs 6-9 month oil buffer
- India may not have got same FCNR(B) inflows if deposits were raised now: CEA
- India’s external pressures persist despite forex swap inflows, says Nageswaran
- BoP pressure likely to remain a challenge: CEA V Anantha Nageswaran
CEA warns of external economic headwinds
Chief Economic Adviser V. Anantha Nageswaran cited unsettled US ties, higher energy prices and India’s limited AI presence as economic headwinds. He said India cannot afford to choose between competing blocs and should build buffers and partnerships.
Friday, 25 September
- CEA flags US ties, energy as headwinds, calls for strategic buffers