OECD Projects India's GDP Growth at 7.6% This Fiscal, 6.1% in FY'27
OECD Projects India's GDP Growth at 7.6% This Fiscal, 6.1% in FY'27
- •The Organisation for Economic Cooperation and Development (OECD) forecasts India's GDP to grow by 7.6% in the current fiscal year.
- •Growth is projected to ease to 6.1% in FY 2026-27 and 6.4% in FY 2027-28.
- •The report highlights the impact of the Middle East conflict, causing energy price surges and disrupting global supply chains.
- •Inflation in India is expected to rise from 2% in FY 2025-26 to 5.1% in FY 2026-27 and 4.1% in FY 2027-28.
- •India may temporarily raise policy rates in Q2 2026 to counter inflationary pressures.
