12-August-2025
Economy News
 
Push domestic demand, but don’t get into the groove: Experts
12-Aug-2025

Can India become the world’s third largest economy by overcoming Germany sooner and then accomplish the Viksit Bharat goal by 2047, if the country’s traders take a pledge to sell only Swadeshi goods? Two alternative views have emerged on this question after prime minister Narendra Modi recently referred to the “uncertainty the world is going through,” and called upon political parties, leaders and citizens “to promote indigenous goods.” While both sides agree that Donald Trump’s “America first” policy has upended the rule-based world trade order, and seriously set back progressive integration of the global economy, the jury is out on how India should respond to the situation.

News Source:- https://www.financialexpress.com/policy/economy-push-domestic-demand-but-dont-get-into-the-groove-experts-3943419/