India Confident in Tackling Global Headwinds, Says Principal Secretary Shaktikanta Das

• Principal Secretary Shaktikanta Das states India is ready for challenges from "known and unknown sources" despite emerging from multiple global shocks since 2020.
• Das emphasized India's transition from "incredible India to a credible India" and its path towards "Viksit Bharat" at the Bibek Debroy Memorial in Delhi.
• He highlighted the fragmentation of global networks due to trade and supply chains being used for disruption, reshoring, and strategic alliances.
• Critical sectors like semiconductors, rare earths, energy, and pharmaceuticals are now tools of influence, exposing dependent economies' vulnerabilities.
• India maintains a commitment to macroeconomic stability and a rules-based global system while securing national interests amidst a diffused power world.

Why It Matters: India is resilient and prepared to navigate global challenges, focusing on stability and national interest.