IMF raises India’s GDP growth forecast to 7% for 2026–27
The International Monetary Fund raised India’s GDP growth forecast for 2026–27 to 7%. The earlier July projection had placed growth at 6.4%. The revision reflects stronger domestic demand. Robust services-sector activity also contributed to the upward revision. The forecast is significant for India’s position among the fastest-growing major economies. It may also influence assessments of India’s macroeconomic outlook. [10]
Try the question
Which institution raised India’s GDP growth forecast for 2026–27 to 7%?
Answer: (b) International Monetary Fund
The correct answer is (b) International Monetary Fund.