Union Minister of Finance and Corporate Affairs Ms. Nirmala Sitharaman stated that India remains well positioned for long-term economic growth, supported by strong domestic demand and a resilient economy, while emphasising the need for continued reforms, innovation and institutional strengthening to sustain growth momentum. Speaking at the Mindmine Summit 2026, she noted that the Government and the Reserve Bank of India (RBI) are taking steps to attract greater foreign capital participation and improve access to global financial markets. The Minister highlighted recent initiatives to strengthen India’s appeal among international investors, including measures under the Fully Accessible Route (FAR) framework and favourable withholding tax provisions for foreign investors. She also noted that public sector undertakings and banks have been permitted to raise funds from overseas markets under a structured framework, which is expected to improve access to capital and support investment-led growth.
India’s large domestic market and rising consumption levels provide resilience against global economic uncertainties, although challenges such as crude oil price volatility, supply chain disruptions, geopolitical tensions and climate-related risks continue to affect the global economy. Further stressed that economic growth must be supported by strong institutions, effective policy frameworks and efficient implementation mechanisms. According to the Minister, policymakers will continue to explore structural reforms and innovative approaches to address long-standing challenges and ensure that the benefits of growth reach all sections of society. The Government’s preparedness to address potential weather-related risks, including the possibility of a weaker monsoon due to the El Niño phenomenon. The continued focus on reforms, capital market development and policy support is expected to strengthen India’s economic fundamentals and support sustainable long-term growth.
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