Economy
Ministry of Finance Raises FY27 GDP Forecast to 7.3%

Ministry of Finance Raises FY27 GDP Forecast to 7.3%

The Indian Express1h
THE BRIEF
1

The Ministry of Finance raised India's GDP growth forecast for financial year 2026-27 to 7.3% from the earlier 6.8-7.2% estimate while projecting July-September growth at 7.35%.

2

The ministry cited robust domestic demand, sustained investment activity, a resilient financial sector, and supply-side management as key drivers supporting the country's economic resilience.

3

Policymakers will focus on sustaining activity while safeguarding price stability amid elevated crude oil prices, higher food inflation, and an uncertain kharif crop outlook.