Animal Spirits: Indian Economy Poised for Resilience Amid Global Challenges

Despite a projected slowdown to 6.4% GDP growth in FY25, experts highlight India's robust domestic demand, resilient rural consumption, and thriving services sector as key growth drivers. The Economic Survey 2025 emphasizes deregulation and grassroots reforms to unlock economic potential, while Deloitte projects a rebound to 6.7-7.3% growth in FY26. With easing inflation and increased government spending, India remains on a steady path, leveraging its internal strengths to counter global uncertainties.

 

Sources: Economic Times, Deloitte, Indian Express, PIB