Chief Economic Adviser V Anantha Nageswaran highlighted strong near-term economic momentum driven by domestic factors and exports
GK and monthly revision
India's strong economic momentum continues despite global uncertainties, says Chief Economic Adviser
Chief Economic Adviser V Anantha Nageswaran stated India's economy maintains strong near-term momentum driven by domestic demand and exports. RBI's deposit mobilisation provides balance of payments support and rupee stability. All three sectors — agriculture, industry, services — contributed to robust Q1 FY25 GDP growth. Structural reforms over the past 12 years are now yielding results, making this a key topic for economic survey and budget-related questions in competitive exams.
Source: Economic Times. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
RBI's deposit mobilisation provides significant balance of payments support and stable floor for Indian rupee vs US dollar
All three economic sectors — agriculture, industry, services — contributed to robust Q1 FY25 GDP growth
Structural reforms implemented over past 12 years (since 2014) are now yielding beneficial results
Statement indicates continued macroeconomic stability — key for Economic Survey 2024-25 and Union Budget 2025-26 preparation
How to study
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