No country has reached a developed status without having a vibrant SME sector: CEA Nageswaran

No country has reached a developed status without having a lively sector of the SME, said Chief Economic Adviser V. Unananah Nagesvar. Speaking in the Indian Venture and Alternative Capital Association in 2025. Economic activity without spending the costs of these limited bandwidth and testing.

He said. Inflation is likely to have higher interest rates and interest rates than in the past because it leaves the ability to run efficiency. Supply networks are made to cry than just on time inventory. “

At the current times, he said that if India could reduce its inflation until 4-5 percent of the last few years, it will help to contain the devaluation of Rupees.

Nagswaran also said that it is important for the private sector to understand against this background of globalization, we do not sacrifice to carry out energy transition. “The private sector should be very well aware of the energy of Byzuz’s words in Europe, they also started asking questions. We need to go to a cleaner fuel, but the sequence of technology is very important. ” He added that nuclear energy plays an important role in the energy transition, and in the budget the government has decided to open the nuclear energy sector this goal of energy transition.

On the vision of “Vixse Bhart 2047”, it remains optimistic that there is no other country besides India today, which is constantly growing by 6.5-7%. He said that India is in the next 15-20 years in a sweet demographic place and is the only economy where growth has led to the return of investors, unlike other economies.

He said on the government’s position. “The government is unlikely to raise its ban on Chinese investments soon. Nageswaran noted that any change of current restrictions will take time and will make a deeper understanding between the two countries.

He said. Both sides cross the river, feeling the stones to talk. “