India Cannot Afford to Choose Between Competing Blocs: CEA Nageswaran
· Business · Moneycontrol
Chief Economic Advisor V. Anantha Nageswaran stated that India cannot afford to align itself exclusively with any single competing global bloc. He noted that maintaining a neutral stance carries inherent costs, as the country must navigate complex international pressures. The CEA emphasized that India's strategic autonomy remains a priority in an increasingly fragmented global economy. These remarks reflect the government's ongoing approach to balancing trade and diplomatic relations with major powers. Nageswaran's comments come as India continues to engage with multiple international partners across various geopolitical and economic forums.
Why it matters
This policy stance directly impacts India's trade negotiations, foreign investment inflows, and diplomatic maneuverability in a polarized global landscape.
Read the original report — Moneycontrol
Join us on Telegram
Breaking news the moment it lands. At 10,000 members we ship the Android app.