{"id":52844,"date":"2025-08-08T14:18:08","date_gmt":"2025-08-08T14:18:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/52844\/"},"modified":"2025-08-08T14:18:08","modified_gmt":"2025-08-08T14:18:08","slug":"may-be-dead-bodies-do-move-india-growing-at-7-arvind-panagariya-on-trumps-dead-economy-jibe","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/52844\/","title":{"rendered":"May be dead bodies do move, India growing at 7%: Arvind Panagariya on Trump’s dead economy jibe"},"content":{"rendered":"

New Delhi: Dismissing US President Donald Trump’s “dead economy” jibe, 16th Finance Commission Chairman Arvind Panagariya<\/a> on Friday said the Indian economy is growing at 7 per cent, and more than that in dollar terms.<\/p>\n

Panagariya was speaking at the Business Today India@100<\/a> event.<\/p>\n

“You don’t grow at 7 per cent plus (if the economy is dead), and actually in dollar terms we are growing at more than 7 per cent. I don’t know what the definition (of dead economy) means. May be, dead bodies do move,” he said when asked if India is a dead economy.
Asked about India’s trade protectionism, Panagariya said: “There may be protectionist measures… We are substantially open”.<\/p>\n

Mounting a sharp attack on India, Trump had remarked that India is a “dead economy”.<\/p>\n

\"ETLive Events
“I don’t care what India does with Russia. They can take their dead economies down together, for all I care,” Trump had said in a social media post on July 31. Trump later imposed 50 per cent tariff on Indian goods imported to the US with a brief exemption list. Commerce & Industry Minister Piyush Goyal had last week asserted in Parliament that India is the world’s fastest-growing major economy, contributing almost 16 per cent to the global growth and will soon become the third-largest economy in the world.<\/p>\n

“In just over a decade, India has rapidly transformed from being one of the Fragile 5 to the fastest-growing major economy in the world. We have risen from the 11th largest economy to one of the top 5 economies, driven by our reforms, the hard work of our farmers, MSMEs and entrepreneurs,” Goyal had said in Parliament on July 31.<\/p>\n","protected":false},"excerpt":{"rendered":"New Delhi: Dismissing US President Donald Trump’s “dead economy” jibe, 16th Finance Commission Chairman Arvind Panagariya on Friday…\n","protected":false},"author":2,"featured_media":52845,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[29191,84,29197,1294,29196,29194,29198,29193,29190,16908,29192,56,54,55,29195],"class_list":["post-52844","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-arvind-panagariya","tag-business","tag-business-today-india100","tag-economy","tag-fastest-growing-economy","tag-fragile-5-to-top-5-economies","tag-global-economic-growth","tag-india-trade-protectionism","tag-indian-economy-growth","tag-piyush-goyal-statements","tag-trump-dead-economy-comment","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-us-tariffs-on-indian-goods"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/52844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=52844"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/52844\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/52845"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=52844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=52844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=52844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}