28-October-2026
Economy News
 
West Asia crisis so far may cost govt Rs 1.35 lakh crore, spending cuts unlikely: ICRA Chief Economist Aditi Nayar
27-Oct-2026

The West Asia crisis could have a fiscal impact of around Rs 1.35 lakh crore on the government so far, but the Centre may be able to absorb this pressure through routine expenditure savings without cutting spending, Aditi Nayar, Chief Economist at ICRA, told in an exclusive interview.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/west-asia-crisis-so-far-may-cost-govt-rs-1-35-lakh-crore-spending-cuts-unlikely-icra-chief-economist-aditi-nayar/articleshow/135228166.cms