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India’s economy seen growing above 6.8% this fiscal year as consumption picks up
India’s growth forecast revised above 6.
India’s Chief Economic Advisor V Anantha Nageswaran told a leadership summit that real GDP growth in FY26 is now likely to exceed 6.8 %, up from the earlier 6.3-6.8 % range in the Economic Survey.
The strength is attributed to higher retail consumption boosted by recent GST rate cuts and income-tax relief, and improving business investment.
The pace will be watched by global investors given India’s role in the post-pandemic growth story and external stability. Outlook depends on inflation, global demand and banking sector resilience.