On Thursday, Shaktikanta Das, Principal Secretary to the Prime Minister, stated that India has constantly demonstrated extraordinary resilience in the face of global crises, not just surviving but also adapting through the turmoil to emerge stronger.
Das told the AIMA National Leadership Conclave here, "Through each crisis, India has not just survived. It has emerged impressively and substantially stronger."
He stated that the global economy remains in a "unsettled and charged environment" characterised by geopolitical fragmentation, supply chain disruptions, and unequal growth, with risks "decisively skewed to the downside".
Against this backdrop, the former RBI governor praised India's outstanding economic performance, adding that real GDP growth was 7.6% in FY26, with an average growth rate of 7.8% for the previous five years."India's resilience alone does not tell the entire tale. India did not merely go through a time of upheaval. "It changed because of it," he added.
He also mentioned that various reasons contribute to this resilience, including macroeconomic stability, policy consistency, infrastructure-led development, and high domestic demand.
The top official highlighted the need of inflation management, calling it crucial to economic stability. "Inflation has frequently been characterised as a levy on the poor. "Low inflation would increase the consumer's spending power," Das said.
He emphasised India's policy reaction amid crises, saying the government took a measured approach. "Fiscal and monetary expansion were followed by a timely rollback, thus froth was not allowed to accumulate or overrun the system" .

Das also mentioned structural changes in the economy, such as rapid digitalisation, infrastructure expansion, and growth in industrial industries like electronics and semiconductors.
He emphasised that India's strategic autonomy and diverse ties have lessened its reliance on a single country."We make decisions in our best national interest," he stated.
He portrayed India as a stable anchor in a tumultuous global context, providing predictability and long-term growth opportunities."India is now regarded as a safe anchor in a world riven by conflict, volatility, and policy uncertainty," he stated.

Das believes India's growth drivers, including demographic advantage, expanding consumption, infrastructure push, and digital public infrastructure, are long-term and fundamental.These aren't cyclical tailwinds. "They are structural, compounding, and durable," he stated.
He also recommended businesses to increase resilience, strengthen balance sheets, diversify supplier networks, and invest in future readiness.
Das voiced optimism in India's trajectory, claiming that "even with all the turbulence around the world, India will find a way to triumph and emerge stronger".