India's Economy Set for 7.2% Growth, But Global Tensions Pose Risks

• India's economic growth rate is projected to be between 6.8% and 7.2% in the fiscal year 2026-27, as per the Economic Survey.
• India is expected to remain the world's fastest-growing major economy, driven by increasing domestic demand and government spending.
• Significant investments in infrastructure (roads, railways, airports) and private sector expansion beyond major metros are key growth drivers.
• Inflation is gradually coming under control, which is expected to boost people's purchasing power and consumer spending.
• Rising crude oil prices and global geopolitical tensions (e.g., Russia-Ukraine, Middle East conflicts) are identified as potential risks to India's growth momentum.

Why It Matters: India's economy is projected for strong growth, fueled by domestic demand and investment, but faces risks from global crude oil prices and geopolitical tensions.