Recent conflict with Pakistan will not have any adverse effect on India's economy: BJP

The BJP on Friday reiterated that the recent conflict with Pakistan and Operation Sindoor will not have any adverse effect on India’s economy. BJP spokesperson Gopal Krishna Agarwal during a press briefing said that despite the complex global challenges of political instability and trade tariff wars, India has steadily established itself as a leading economy. Agarwal added that the Indian economy continues to progress robustly, largely insulated from issues like tariff conflicts and geopolitical tensions.

“Global tariff wars have opened huge economic opportunities for India. Under the leadership of PM Modi, India has just concluded bilateral trade agreements with the UK and is in an advanced stage to have an FTA with the EU and interim agreement with the USA,” Agarwal said. “Over the last 11 years, the country has maintained strong economic indicators. Global leadership is attainable through three critical pillars: a robust economy, strong defence and military capabilities, and intense global engagement. India has made substantial progress in all three areas: positioning itself as a rising global leader.”

Agarwal stated that recent actions by the Indian Armed Forces, including Operation ‘Sindoor’ and India’s firm stance during confrontations with Pakistan, have established the country’s strong defence capabilities on the global stage. Institutions like Hindustan Aeronautics Limited (HAL) and the Mazagon Dock have a full order book for the coming years.

“Some people may fear that it could adversely affect our economy. However, the government has managed the entire situation with great balance and strategic foresight, ensuring there will be no negative impact on India’s economic condition,” Agarwal added. “The BJP wants to clearly reiterate that the recent conflict with Pakistan and Operation Sindoor will not harm India’s economy. The main reason is that there has never been significant bilateral economic or trade relations between India and Pakistan. Therefore, this conflict will have no adverse economic effect on India.”