CEA cites East Asia's growth lessons: Key Highlights | TheBriefWire
CEA cites East Asia's growth lessons
Published 14 June 2026 ยท politics
Synopsis Chief Economic Advisor V Anantha Nageswaran highlighted that East Asian economies like China, South Korea, and Vietnam succeeded by offering conditional government support to
Synopsis Chief Economic Advisor V Anantha Nageswaran highlighted that East Asian economies like China, South Korea, and Vietnam succeeded by offering conditional government support to domestic industries. This support was contingent on demonstrable performance, productivity, and international competitiveness, with aid withdrawn if these metrics weren't met. Nageswaran emphasized this 'protection for performance' as a key lesson for India's industrial policy today.
Published: June 14, 2026 โข 6:01 PM IST ยท Updated: June 14, 2026 โข 6:37 PM ISTBy TheBriefWire Editorial Team
Key points
Synopsis Chief Economic Advisor V Anantha Nageswaran highlighted that East Asian economies like China, South Korea, and Vietnam succeeded by offering conditional government support to domestic industries.
This support was contingent on demonstrable performance, productivity, and international competitiveness, with aid withdrawn if these metrics weren't met.
Nageswaran emphasized this 'protection for performance' as a key lesson for India's industrial policy today.