24 Nov 2025, Mon

Former NITI Aayog CEO Amitabh Kant said on Friday (July 08, 2025) that India is not ‘dead economy’, but is the fastest moving economy in the world and is moving towards becoming the third largest economy.

Former CEO Amitabh Kant reacted a strong reaction to US President Donald Trump calling India a dead economy at the BT India summit. He said that whenever a crisis comes, India always helps. This is an opportunity when we can move forward by taking steps to eliminate existing rules, procedures and regulations.

The economy increased due to digitization and infrastructure

Amitabh Kant gave credit for the rapid growth of the Indian economy, digitization and growth in infrastructure, saying that India has digitized its economy in such a way that no country has yet done. We have implemented major reforms like GST (GST) and Loeling Disability Code (IBC).

He further said that there should be talk of electrification, collective housing or 88,000 km in the country. Like the construction of roads more than India, other countries have not yet developed such a large scale infrastructure.

India ahead in terms of fast payment

Regarding digital payment in India, former CEO Amitabh Kant said that 1.5 billion people are not digital identity in any other country of the world, we are also ahead in terms of fast payment. This gives great boost to development.

Let us know that US President Donald Trump has announced a 50 percent tariff on India, which is doubled from the 25 percent tariff declared last month. Trump wrote on his social media, ‘India is our friend, but his tariffs are the highest in the world. Their non-modern trade rules are also very strict. Also, India buys the most military equipment and energy from Russia, which is not good at this time.

Also read:- India targeted target on Trump’s tariff terrorism! Crores of weapon-aircraft deal in cold arms, Rajnath Singh’s visit is also canceled

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