Current Affairs - Economy - Discussion

The International Monetary Fund (IMF) projects India’s GDP growth at 6.6% for the fiscal year 2025–26, reflecting strong domestic demand, strategic reforms, and resilience against global economic uncertainties. This comes after a 6.5% growth in FY 2024–25 and a robust 7.8% expansion in Q1 of 2025–26. Key factors supporting this growth include GST reforms, which improve tax compliance and fiscal stability, as well as public infrastructure investment, digital transformation, and formalisation of the economy. Structural reforms in labour, land, education, health, and finance are also expected to sustain long-term growth.