In a Thursday presentation to Parliament, Finance Minister Nirmala Sitharaman unveiled the Economic Survey 2026, forecasting India’s GDP expansion at 6.8-7.2% for 2026-27. This optimistic outlook highlights domestic resilience against a backdrop of international volatility.
Global conditions signal external uncertainties rather than imminent crises, the report notes. India’s economy stands tall with low inflation, improved financial health across sectors, and sustained public spending. Robust consumption and emerging private capex signal sustained momentum.
Watch for CPI base year changes impacting inflation metrics. Export challenges from partner slowdowns and capital flow swings are real, but US negotiations could ease pressures.
Reforms have elevated medium-term growth to nearly 7%. While global growth stays subdued with risks from AI underperformance and trade disputes, falling commodity prices and potential policy easing offer counterbalances. India’s strong fundamentals ensure steady progress.