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The Hindu·4 min read·medium

Economic self-reliance key to India’s rise in new global order: S. Gurumurthy

T
The Hindu Bureau
Economic self-reliance key to India’s rise in new global order: S. Gurumurthy
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Economist S. Gurumurthy argues that India's economic self-reliance is essential for its rise as a global power. He suggests that India's civilizational foundation provides a unique strength compared to Western superpowers and warns against internal instability.

Why it matters

It reflects the growing nationalist economic discourse in India, which prioritizes domestic production and cultural identity in geopolitical strategy.

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Noted economist and thinker S. Gurumurthy said self-reliance was not a recent concept but was deeply rooted in India’s civilisational ethos and social fabric. He observed that the United States could lose its position as a superpower in the coming years as it lacked the civilisational foundation that supported countries such as India and China. He also cautioned that, as the country’s global influence increased, certain foreign forces were attempting to create internal divisions and weaken the nation by creating differences among its people, stating that India was emerging as a strong economic and geopolitical power.

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