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India is on track to become a USD 5 trillion economy by 2027-28, says the Chief Economic Advisor

  • India is on track to become a USD 5 trillion economy by 2027-28, according to Chief Economic Advisor V Anantha Nageswaran.
  • CEA highlights that India is positioning itself to benefit from shifting global trade dynamics and facing complex geopolitical challenges.
  • Anantha Nageswaran emphasizes 'Trust, Deregulate, and Reciprocate' as a strategy to avoid the middle-income trap.
  • He warns about the impact of AI and robotics on service jobs and suggests prudent deployment of AI alongside human labor.

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