Shaktikanta Das, PM's Principal Secretary-2, says India within striking distance of 8% growth
Das said strong domestic demand, investment and reforms have put India within striking distance of 8% growth, citing 7.8% GDP growth in Q1.
- At the Kautilya Economic Conclave 2026, Shaktikanta Das, Principal Secretary-2 to the Prime Minister, announced India's real GDP grew 7.8% in the first quarter, with the nation within striking distance of 8% growth.
- Citing the 'JAM trinity'—Jan Dhan accounts, Aadhaar, and mobile networks—Das said digital governance has reduced information asymmetries and streamlined administrative processes to deliver swift financial support.
- Gross non-performing assets have fallen sharply to 1.68 per cent in June 2026, while bank profitability improved significantly, Das reported, crediting the Insolvency and Bankruptcy Code.
- National priority has evolved beyond swift growth toward a broader commitment to 'grow sustainably and resiliently over the long term,' Das noted, essential for the Viksit Bharat 2047 roadmap.
- Five pivotal themes will direct India's upcoming growth phase: capitalizing on artificial intelligence, deepening financial markets, building strategic self-reliance, advancing climate leadership, and expanding investments in human capital.
12 Articles
12 Articles
India’s resilience to global shocks built on broad reforms: Shaktikanta Das
Speaking at the Kautilya Economic Conclave, Das said that reforms such as flexible inflation targeting, the goods and services tax, digital payments and banking sector reforms were not designed as one-off measures but as buffers that allow the economy to absorb disruptions and recover rapidly.
India’s resilience not accidental but outcome of broad and mutually reinforcing reforms, says Das
India’s resilience stems from broad reforms, with five growth pillars—AI, deepened finance, self-reliance, climate leadership, and human capital—driving long-term development to 2047.
India Must Sustain Reform Momentum for Resilient Long-term Growth: Shaktikanta Das
Get latest articles and stories on Business at LatestLY. India must sustain its reform momentum and focus on building long-term productive capacity to achieve resilient and sustainable growth, Shaktikanta Das, Principal Secretary-2 to the Prime Minister, said at the Kautilya Economic Conclave. Business News | India Must Sustain Reform Momentum for Resilient Long-term Growth: Shaktikanta Das.
The Economic Times
Times of IndiaShaktikanta Das, PM's Principal Secretary-2, says India within striking distance of 8% growth
Shaktikanta Das highlighted India's impressive 7.8% GDP growth in the first quarter of the financial year. He emphasized the role of strong domestic demand and structural reforms in facilitating this growth. Das noted that enhanced governance and digital systems significantly contributed to economic stability and performance.
Coverage Details
Bias Distribution
- 57% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
