| Category | Details |
|---|---|
| Projected GDP Growth | 6.9% for FY27 (Indian Ratings & Research) |
| Previous Year Growth | 7.4% in FY26 |
| Reason for Moderation | Global uncertainties, high base effect from FY26, global slowdown, weak trade |
| Domestic Support | Strong domestic reforms, stable inflation, continued capital spending, income tax cuts, GST rationalization (2025), trade deals with UK, Oman, NZ |
| Demand Trends | Resilient rural demand (strong agricultural growth), weak urban consumption, investment supported by capital expenditure and housing |
| Inflation Outlook | Benign inflation for FY26-FY27, stable food prices |
| External Risks | El Nino, weak currency, global trade risks |
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