India may target 10% nominal GDP growth for FY27

India may aim for higher nominal GDP growth in FY27 as real growth and easing cost pressures support fiscal planning.

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India may target 10% nominal GDP growth for FY27

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India may target 10% nominal GDP growth for FY27
India may aim for higher nominal GDP growth in FY27 as real growth and easing cost pressures support fiscal planning.
India is considering pegging nominal GDP growth at around 10% for FY27, up from an estimated 8% in FY26, supported by favourable base effects and stable real growth. Policymakers expect real GDP expansion near 7.4%, which could aid fiscal consolidation. The outlook comes amid easing input cost inflation and steady export momentum.
Sentinel