New Delhi, Jan 29 || The Economic Survey projects India’s real GDP growth for the financial year 2026-2027 in the range of 6.8 to 7.2 per cent based on an outlook for the economy that is one of steady growth amid global uncertainty.
The survey states that for India, “these global conditions translate into external uncertainties rather than immediate macroeconomic stress. Against the backdrop of global uncertainties, the domestic economy remains on a stable footing. Inflation has moderated to historically low levels, although some firming is expected to occur going forward.”
Balance sheets across households, firms and banks are healthier, and public investment continues to support activity. Consumption demand remains resilient, and private investment intentions are improving. These conditions provide resilience against external shocks and support the continuation of growth momentum.
The forthcoming rebasing of the CPI series in the coming year will also have implications for inflation assessment and warrant careful interpretation of price dynamics, the economic survey observes.