‘2026 resembles 1991’: CEA Anantha Nageswaran flags inflection point for Indian economy amid global supply shocks
Executive Brief • Key Highlights
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- ✓Chief Economic Advisor V Anantha Nageswaran said on Thursday that 2026 resembles 1991 as an inflection point for the Indian economy.
- ✓He noted that structural constraints in manufacturing, energy, agriculture and technology add to the pressure.
- ✓"2026 resembles 1991," he said, highlighting that global supply shocks now require a new strategy.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Moneycontrol
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
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The year 2026 resembles 1991, and it could be deemed an inflection point for the Indian economy, which has been facing not only external challenges but also structural constraints in manufacturing, energy, agriculture and technology, Chief Economic Advisor V Anantha Nageswaran said on Thursday.
"2026 resembles 1991, and many of you immediately should not think that when we talk about the word resemblance, it is not the same as identical. Identical means that you have the same balance of payments crisis.
"No. The point is, it was an inflection point for us in 1991, and 2026 is also, or even 2025, could be deemed as inflection points for us," he said.
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