Chief Economic Advisor Anantha Nageswaran believes the economy has reached a critical juncture. He thinks a new approach to policies is necessary, as the strategies that worked in the past may not be sufficient for future challenges. Nageswaran is calling for a broader transformation to prepare for the next phase of economic expansion.

He notes that what has worked since independence may not be adequate for the next 25 years. Nageswaran suggests that improvements are needed in multiple areas.

Further details on his thoughts are available, including his comments on the need for a fresh approach to support economic growth.