India's Nominal GDP Set to Surge by 10.1% in FY26

India's economy is projected to experience a robust nominal GDP growth of 10.1% in the fiscal year 2025-26, according to recent estimates. This growth, driven by an anticipated GDP deflator of approximately 3.5%, would elevate the nominal GDP to around ₹357.2 trillion, up from ₹324.1 trillion in FY25. The fiscal deficit is expected to be targeted at 4.4% of GDP, reflecting the government's commitment to fiscal discipline amid economic challenges. This optimistic outlook highlights India's resilience and potential for sustainable growth in the coming years. 

 

Source: CNBC TV18, Economic Times