India Economy to Regain Its Mojo, Return to Current Account Surplus: NITI Aayog's Lahiri

India economy to regain its mojo, return to current account surplus: NITI Aayog's Lahiri

NITI Aayog Vice Chairman Ashok Kumar Lahiri stated the Indian economy is performing reasonably well. He anticipates the nation will soon achieve a current account surplus. A significant challenge remains the low manufacturing share in India's overall GDP. Lahiri highlighted the positive impact of foreign investment in key sectors like renewables. He also stressed the need for better credit appraisal using UPI data for MSMEs.

India likely to return to current account surplus soon: NITI Aayog’s Ashok Lahiri

Mumbai, Sep 9 (IANS) India is likely to regain economic momentum and could move into a current account surplus position soon, NITI Aayog Vice Chairman Ashok Kumar Lahiri said on… Continue reading India likely to return to current account surplus soon: NITI Aayog’s Ashok Lahiri The post India likely to return to current account surplus soon: NITI Aayog’s Ashok Lahiri first appeared on Australia India News.

India likely to return to current account surplus soon: NITI Aayog's Ashok Lahiri

Digital Desk | Mumbai, Sep 9 (IANS) India is likely to regain economic momentum and could move into a current account surplus position soon, NITI Aayog Vice Chairman Ashok Kumar Lahiri said on Wednesday as global uncertainties continue to weigh on investment. Speaking at the Global Fintech Festival 2026 here, Lahiri said India's current account deficit (CAD) is currently below 1 per cent of gross domestic product. "India will regain its mojo.…