By how much will India be able evade tariff hit on growth? CEA Nageswaran does the GDP math

India's GDP is expected to experience a modest impact from Trump's tariffs, estimated between 0.2% and 0.3%, due to offsetting measures like GST cuts and strong domestic demand. The GST overhaul has played a crucial role in cushioning the economy, with reduced tax rates on essential goods potentially lowering inflation, CEA Nageswaran said.