India’s fiscal policy is evolving to support domestic growth

India’s fiscal policy is evolving to support domestic growth and strengthen economic resilience amid rising global uncertainties triggered by the ongoing West Asia conflict. According to a report by S and P Global, the country’s risk management approach is transitioning from providing immediate economic buffers to building long-term strategic resilience. Despite the challenges, the report said India’s policy response reflects a broader emphasis on resilience and strategic autonomy. Fiscal measures, industrial policy adjustments and efforts to diversify energy sources are being deployed simultaneously.