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The Economic Survey 2026 projects India’s GDP growth for FY27 in the range of 6.8–7.2%. The government cites strong domestic demand, infrastructure push, and policy reforms as drivers, while cautioning about global risks such as trade fragmentation, currency volatility, and slower foreign investment inflows.
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India’s Economic Survey 2026, tabled in Parliament ahead of the Union Budget, has forecast GDP growth of 6.8–7.2% for FY27, underscoring optimism about the country’s economic trajectory despite global uncertainties.
Key highlights:
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Growth drivers: The Survey points to robust domestic consumption, infrastructure expansion, and policy reforms as the primary engines of growth.
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Sectoral momentum: Manufacturing and services are expected to sustain strong performance, while agriculture remains stable with government support for food security and rural development.
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Global risks: The Survey warns of challenges including trade fragmentation, tariff pressures, currency volatility, and slower FDI inflows, which could temper growth if not managed effectively.
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Inflation outlook: Price stability remains a priority, with the government emphasizing supply-side measures to contain food and energy inflation.
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Fiscal stance: The Survey highlights the importance of maintaining fiscal discipline while continuing capital expenditure to support long-term growth.
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Employment and skills: Special focus is placed on job creation and skilling initiatives, particularly in AI-driven industries, to ensure inclusive growth.
The projection reflects confidence in India’s resilience, positioning the country as one of the fastest-growing major economies globally, even as external headwinds persist.
Sources: CNBC TV18, Fortune India, Ministry of Finance
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