International Monetary Fund (IMF) has Financial Year 2025-26 (FY26) of India for Economic growth rate (GDP growth rate) forecast of Has been increased from 6.6% to 7.3%. This amendment is of IMF fresh World Economic Outlook Issued in the report and the reason India’s economy performs better than expected in the third and fourth quarters It has been told.
The IMF had earlier predicted growth rate of 6.6% for 2025-26, but now it has up 0.7 percentage points has been raised, due to which India is among the world’s fastest growing large economies Further strengthening its position as one of the
According to analysts, this amendment has come when India’s GDP quarterly estimates (First Advance Estimates) indicated that the real growth rate this year will be around 7.4% And the growth rate of last year (FY25) 6.5% Was.
What are the reasons behind the estimate?
IMF has said that this increase Better-than-expected quarterly results, strong domestic demand, investment pick-up and strong consumption This has become possible due to reasons like. Additionally, due to softening food prices Inflation pressure under control IMF has also indicated to stay.
What will happen in the next two years?
The IMF has warned that growth may slow slightly (approximately) in FY27 and FY28. 6.4%) is expected to happen because some Cyclical (periodic) And momentary The forces will gradually have less impact. This means that the overall economic momentum will remain stable but slightly lower than in FY26.
global context
The IMF report also mentions that Global economy growth around 3.3% is likely to remain, due to which India’s growth rate will remain much higher than the global average. With this, India’s global growth engine Contribution has also been highlighted.
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