Current Affairs - Economy - Discussion

Discussion Forum : Economy - Latest Current Affairs (Q.No. 33)
33.
What is India's projected GDP growth rate in FY26, according to ICRA?
6.0%
6.5%
6.2%
5.9%
Answer: Option
Explanation:
ICRA has forecasted India’s GDP growth for FY2025–26 at 6.2%, indicating a slight moderation from the 6.5% growth recorded in the previous fiscal year. The dip is attributed primarily to weaker global trade conditions and a slowdown in merchandise exports. Despite these external challenges, strong rural demand, higher capital expenditure by the government, and fiscal support measures are expected to maintain economic momentum. The projection plays a crucial role in shaping fiscal policy, investment strategies, and economic planning for the year, as it reflects the balancing act between global headwinds and domestic resilience.
Discussion:
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