India Well-Poised for Sustained Economic Growth: Sitharaman

NEW DELHI: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Monday said India has performed reasonably well on the economic front, but cautioned against taking the country's growth story for granted, stressing that continuous innovation, reforms and institutional strengthening are essential to sustain long-term momentum.

Speaking at Mindmine Summit 2026, the finance minister said economic growth alone is not sufficient and must be supported by robust institutions, effective policies and strong support systems to ensure durable and inclusive development.

"I know that our country is doing reasonably well, but we must continue to evaluate our performance carefully and identify areas where further improvement is needed," FM Sitharaman said.

She further noted that sustaining growth in a large and complex economy requires constant efforts to strengthen capabilities, improve efficiency and ensure that the benefits of development reach all sections of society.

India's policy frameworks must remain robust and adaptable as the global economic environment continues to evolve, according to her. "We should not assume that progress is guaranteed. Continuous effort, innovation, and reform are necessary to maintain momentum," she said.

FM Sitharaman pointed out that while several sectors have performed strongly, others continue to require policy attention, particularly those dealing with more complex and intermediate products and services.

Policymakers must continue to examine how long-standing challenges can be addressed, whether through structural reforms, better implementation or new policy approaches, she said. (IANS)

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