Mumbai, Jan. 29 -- The Economic Survey has estimated India's FY26 GDP growth at 7.4%. India's medium-term growth potential is around 7%. The FY27 GDP growth is seen at 6.8-7.2%. The Survey terms FY27 as a year of adjustment, where firms and households recalibrate amid evolving global conditions. Despite international volatility, domestic demand and investment are expected to provide a steady foundation for economic activity. The Survey points out that the domestic demand continues to underpin economic growth in FY26. According to the First Advanced Estimate, the share of final private consumption expenditure (PFCE) in GDP rose to 61.5 per cent in FY26. This strength in consumption reflects a supportive macroeconomic environment, characteris...
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