India's December Quarter Growth Pegged at 7% by Government Nowcast Model: Economic Survey

• India's December quarter growth is projected at 7% by the government's nowcast model, as per the Economic Survey.
• The Economic Survey indicates that India’s economy will likely grow 7 percent in the third quarter of FY26.
• This GDP nowcast aligns with the RBI's projection of 7 percent growth for the December quarter.
• The Moneycontrol Eco Pulse Index showed stronger-than-average growth in December at 53.7, indicating accelerated pace.
• For FY27, the Economic Survey projects real GDP growth in the range of 6.8 to 7.2 percent, more optimistic than IMF and World Bank.

Why It Matters: India's economy shows robust growth, with December quarter projected at 7% and FY27 at 6.8-7.2%.