Archive · 18 Jun 2025
Iran-Israel Conflict Could Negatively Impact India: CEA
The Chief Economic Adviser (CEA) is concerned that the conflict between Iran and Israel could hurt India's economy.
Higher oil prices are a worry.
He thinks the impact might not be as sudden as the 2008 financial crisis, but could last a long time.
Despite global issues, India is still growing at a good rate.
The government's policies are helping, and if India stays active, it could grow even more.
CEA Anantha Nageswaran says the Iran-Israel conflict may negatively impact India.
Rising crude oil prices, currently at $73-74 per barrel, pose risks.
The CEA believes the impact may be a slow-moving event lasting several years.
India maintained a 6.5% growth rate in 2024-25 despite global challenges.
Government policy measures and dynamism could improve India's growth further.
- Who
- Chief Economic Adviser Anantha Nageswaran.
- What
- CEA Anantha Nageswaran discusses the potential impact of the Iran-Israel conflict on India's economy.
- When
- In the context of the ongoing conflict and its effects.
- Where
- India and the global economy.
- Why
- Due to rising crude oil prices and unfavorable economic conditions.
- Official
- Chief Economic Adviser (CEA) V Anantha Nageswaran
- Crude Oil Price
- $73-74 per barrel (approx.)
- India's Growth (2024-25)
- 6.5%
- India's Growth (2025-26)
- 6.3% to 6.8% (estimated)
