Archive · 8 Aug 2025
Panagariya Counters Trump, Says India's Economy Is Growing
Imagine India's economy is like a growing plant, but a former leader, Donald Trump, said it's dead.
Arvind Panagariya, an economic expert, strongly disagrees!
He points out India is growing quickly, like a strong, healthy plant.
However, Trump put a tax on Indian goods, which has caused a little tension.
India is still working hard and is becoming one of the top 5 biggest economies in the world, after once being considered weak.
Arvind Panagariya refuted Donald Trump's claim that India's economy is "dead".
Panagariya stated India is growing at over 7% and is open to global trade.
Trump criticized India on social media and imposed a 50% tariff on Indian imports.
Piyush Goyal said India is the fastest-growing major economy and contributes 16% to global growth.
India transformed from a 'Fragile 5' economy to one of the top 5 globally.
- Who
- Arvind Panagariya and Donald Trump.
- What
- Arvind Panagariya refuted Donald Trump's claim that India's economy is "dead".
- When
- Recent event, July 31st and onward.
- Where
- Business Today India@100 event and Parliament.
- Why
- To address Trump's statement on India's economy and discuss India's growth trajectory.
Donald Trump's View
Arvind Panagariya's View
Economic Status
Donald Trump's View
India's economy is 'dead'.
Arvind Panagariya's View
India's economy is growing rapidly.
- Speaker
- Arvind Panagariya
- Event
- Business Today India@100
- Trump's Comment
- India is a 'dead economy'
- India's Growth Rate
- Over 7%
- Trump's Action
- 50% tariff on Indian imports
- India's Global Status
- Fastest-growing major economy
