Hyderabad: Despite global economic turbulence, India continues to record the highest GDP growth rates among the major economies of the world, driven by robust domestic demand, V Anantha Nageswaran, chief economic advisor (CEA) to the govt of India, said here on Tuesday.“India’s macro numbers paint a very promising picture,” said Nageswaran, pointing out that India’s real and nominal GDP growth rates for 2024–25 are pegged at 6.5% and 9.9% respectively, as per the second advance estimates released by the Union Ministry of Statistics and Programme Implementation (MoSPI).“In a world which is now facing debates about demand imbalances and countries doing relatively less than what they need to do on domestic demand, India’s high consumption share of GDP is an important factor that people have to keep in mind,” he said while delivering the keynote address at the Data User’s Conference organised jointly by MoSPI and the Indian School of Business.He said while the agricultural sector growth is expected to rebound to 4.6% in 2024–25 from 2.7% in 2023-24, the services sector is expected to achieve a robust 7.3% growth, driven by healthy activity in financial, real estate, professional services, public administration, defence, and other services. The industrial sector also continues to perform well.“Right now, India does not face a crisis. If anything, the macroeconomic picture is as smooth sailing as can be despite turbulent global waters. But there is an ongoing or growing crisis in the global economy, and that is an opportunity for advancing the course of reforms. One way to enhance the prospect for desirable policy change is to constantly keep shining the spotlight on social and economic trends as granularly as possible from the nation to states to districts to blocks,” he said.Stressing the importance of granular data, he said it reveals significant progress in the unincorporated non-agricultural sector, as seen in the growth of establishments, employment, and female entrepreneurship, alongside strong capital expenditure in manufacturing. He said such detailed insights are crucial for shaping targeted policy reforms in an era of global uncertainty.