Chief Economic Advisor V Anantha Nageswaran expressed confidence in India 's economic resilience, projecting real GDP growth to reach 7% in FY26. He highlighted recent upgrades by global rating agencies, suggesting India is poised to soon achieve an 'A' rating. Nageswaran also addressed concerns about credit growth by emphasizing overall resource mobilization. Introduction India is set to dominate the global economic landscape, maintaining its status as the fastest-growing large economy for the next two fiscal years. The January 2025 edition of the World Bank’s Global Economic Prospects (GEP) report projects India 's economy to grow at a steady rate of 6.7% in both FY26 and FY27, significantly outpacing global and regional peers. At a time when global growth is expected to remain at 2.7 per cent in 2025-26, this remarkable performance underscores ... Overall, India ’s economy is well-positioned for growth, but uncertainties in global markets, financial volatility, and trade disruptions remain key risks. Sustained policy support and domestic resilience will be essential in maintaining economic momentum. References: India ’s economy continues to grow at a steady and confident pace, standing out as the fastest growing major economy in the world. Gross Domestic Product (GDP) is a measure of size and health of the economy . It is the total value of all the goods and services produced within a country. In 2024–25, real GDP growth was estimated at 6.5 per cent.
