Building economic resilience is a continuous process, not a one-time exercise: FM Sitharaman
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Finance Minister Nirmala Sitharaman said on October 3 that building economic resilience is a continuous process.
- ✓Speaking at the Kautilya Economic Conclave 2026, she noted that global uncertainty is now a standing condition.
- ✓India is focusing on strategic resource security and skill development to ensure growth remains steady for everyone.
Story at a Glance
- Category
- MARKET
- Reported By
- Moneycontrol
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Finance Minister Nirmala Sitharaman on October 3 said uncertainty has become a standing condition of the global economy and policy must be designed around it, stressing the need for India to continuously build resilience.
“We need to keep building resilience as we go along; it is not a one-time exercise,” she said at the Kautilya Economic Conclave 2026.
The coming years call for greater preparation, and India approaches them from a position of strength, Sitharaman said. She highlighted a few priority areas, including ensuring strategic resource security, maintaining global openness and developing skills.
“Supply chains optimised for cost alone carry hidden fragility. To replace fragile single-source dependencies with domestic operational depth, we have launched the National Critical Mineral Mission, the Rare Earth Corridors, and the India Semiconductor Mission 2.0, and we are focusing on developing the use of Small modular reactors (SMRs),” the finance minister said.
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