India’s Economy shows resilience, GDP growth projected at 6.8-7.2 pc in FY27: Economic Survey

New Delhi, Jan 29 (UNI) India’s economy has shown remarkable resilience, with a projected GDP growth of 6.8-7.2% in FY27, driven by strong domestic demand and investment, according to the Economic Survey 2025-26.
The survey highlights a broad-based easing of inflation, with headline CPI inflation declining to 1.7 pc in FY26 (April-December), supported by favorable farm conditions and supply-side interventions.
The government’s prudent fiscal policy strategy, characterized by steady revenue mobilization and calibrated expenditure rationalization, has contributed to the economy’s stability. Gross tax revenue collection has progressed resiliently, with direct tax collections reaching nearly 53% of the budgeted annual target. The survey notes that the government’s commitment to fiscal discipline has been acknowledged by markets and credit ratings agencies, with S&P Ratings upgrading India’s rating from ‘BBB-‘ to ‘BBB.’
Key highlights of the Economic Survey include: robust consumption and investment activity, easing inflation pressures, strong revenue collection and fiscal discipline, growing exports and remittances, and improved banking sector balance sheets. 

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