๐๐ป๐ฑ๐ถ๐ฎ ๐๐๐ฃ ๐๐ฟ๐ผ๐๐๐ต ๐ฅ๐ฒ๐ฎ๐ฐ๐ต๐ฒ๐ ๐ณ.๐ณ ๐ฃ๐ฒ๐ฟ๐ฐ๐ฒ๐ป๐ ๐๐ป ๐๐ฌ๐ฎ๐ฒ
India's economy grew by 7.7% during the 2025-26 financial year. The Ministry of Statistics and Programme Implementation released the data on Friday.
Prime Minister Narendra Modi posted on X. He said the growth reflects the inherent strength of the economy. He credited the success of reforms and the hard work of 140 crore Indians. Modi said the government will improve Ease of Living and Ease of Doing Business. He also said it will create more opportunities for young people.
Key data points from the ministry:
- GDP growth for the January-March quarter of FY26 stood at 7.8%
- Real GDP at constant prices is set to reach Rs 323.12 lakh crore in FY26. This is up from Rs 299.89 lakh crore in FY25
- Nominal GDP at current prices is estimated at Rs 346.36 lakh crore in FY26. This compares to Rs 318.07 lakh crore in FY25. The nominal growth rate is 8.9%
Earlier on Friday, the Reserve Bank of India lowered its GDP growth forecast for FY27. The new estimate is 6.6%. The previous estimate was 6.9%. The RBI cited high energy prices and supply problems linked to the conflict in West Asia.