INDIA'S GDP GROWTH FOR FY26 IS ESTIMATED AT 7.4 PER CENT DRIVEN BY THE DOUBLE ENGINE OF CONSUMPTION AND INVESTMENT

India, Jan. 29 -- The Government of India has issued a release:

India's GDP growth for FY26 is estimated at 7.4 per cent driven by the double engine of consumption and investment. It reaffirms India's status as the fastest-growing major economy for the fourth consecutive year. This was highlight of the Economic Survey 2025-26 tabled by the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman in Parliament today.

The Survey says the real GDP growth for FY27 is projected at 6.8-7.2 per cent, while the potential growth for India is estimated at around 7 per cent.

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 priv...