CAUSE
One question. One truth.
“Why is India's GDP growth forecast revised upwards despite global economic uncertainty?”
The Ministry of Statistics and Programme Implementation's (MoSPI) new GDP data series, with a base year shifted to 2022-23, is the primary driver for India's revised GDP growth forecast. This better captures economic segments, reflecting a stronger real GDP growth of 7.6% for FY 2025-26, up from 7.4%.
High confidenceStructural
CURRENT STATE
India's economy demonstrates sustained momentum, marked by three consecutive years of growth exceeding 7%. Robust domestic demand, resilient manufacturing, improved policy certainty from trade agreements, high-frequency indicators, and increased government expenditure support this outlook.
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