UNDESA projects India’s growth at 7.4% for current fiscal year:

UNDESA projects India’s growth at 7.4% for current fiscal year:

Daily Current Affairs   /   UNDESA projects India’s growth at 7.4% for current fiscal year:

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Category : Business and economics Published on: January 20 2026

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  • The United Nations Department of Economic and Social Affairs (UNDESA) has projected India’s economy to grow by 7.4% in the ongoing financial year, driven by strong consumption and public investment.
  • According to the World Economic Situation and Prospects 2026 report, India is expected to grow by 6.6% in FY 2026–27 and 6.8% in FY 2027–28.
  • The report highlights that recent tax reforms and easier monetary policies will support short-term growth.
  • It also notes that major developing economies such as India and Indonesia are likely to sustain growth due to strong domestic demand and targeted policy support.
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