India's GDP growth is expected to slow to 6.6 per cent in FY27 from 7.7 per cent in fiscal 2026, according to Crisil Ratings. Higher crude oil prices, below-normal monsoon rainfall, rising inflation and weaker global demand are expected to impact growth
Prime Minister Narendra Modi, speaking in Daman, highlighted India’s strong economic foundation as GDP grew 7.7 percent in FY 2025-26, with 7.8 percent growth in the January-March quarter.
Rankings will eventually take care of themselves if incomes rise, opportunities expand, and inequality narrows; otherwise, even a higher place on the global table will mean nothing
India’s GDP growth between 2012 and 2023 may have been overstated, with actual expansion closer to 4–4.5% a year than the official estimate of about 6%, says a working paper by Abhishek Anand, Josh Felman and Arvind Subramanian
India’s economy is projected to grow 6.8–7.2 per cent in 2026-27, according to the Economic Survey, which flagged global trade risks and US tariffs, but maintained that strong fundamentals, policy reforms and resilient demand will keep growth momentum intact
