‘2026 resembles 1991, but not in a balance of payments crisis,’ says CEA V. Anantha Nageswaran

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Chief Economic Advisor V. Anantha Nageswaran compared the current economic landscape to 1991, describing both periods as critical inflection points rather than identical balance of payments crises for India. Emphasising the need for resilience across commodity sectors, he said that this is a moment of reckoning.

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