New Delhi, Dec. 30 -- India is set to enter 2026 on a strong economic footing, supported by favourable agricultural prospects, benign inflation, the sustained impact of goods and services tax (GST) rationalization and robust balance sheets across the corporate sector and financial institutions, the government said in its year-end update on the economy. It exuded optimism on account of these domestic growth drivers despite a challenging global trade environment.

"Supportive monetary and financial conditions" and the ongoing reforms are set to further buoy the economy, the government report said. "Ongoing reforms are likely to further enable growth prospects. Present macro-economic situation presents a rare 'Goldilocks period' of high grow...