Daily Current Affairs on India’s Economy Slated for 6.4–6.7% Growth in FY26, Forecasts CII President for SBI(PO) Exam Preparation

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India’s Economy Slated for 6.4–6.7% Growth in FY26, Forecasts CII President

CII President Rajiv Memani has projected India’s GDP growth in FY2025–26 to range between 6.4% and 6.7%. The forecast is driven by strong domestic demand, favorable monsoon prospects, and enhanced liquidity following recent RBI policy measures.

This projection positions India as one of the fastest-growing major economies globally.

Key Highlights:

  • The Confederation of Indian Industry (CII) forecast is based on its internal GDP Growth Model, which anticipates steady momentum despite global uncertainties.
  • Key growth enablers include RBI’s recent 100 basis point CRR cut and a 50 basis point policy rate cut, releasing Rs.2–2.5 lakh crore in system liquidity.
  • A normal monsoon is expected to boost rural demand, contributing positively to overall economic performance.
  • CII emphasized the need for policy reforms including a three-tier GST structure, improved ease of doing business, and AI-driven innovation.
  • The industry body also called for greater R&D incentives, capital support for MSMEs, and integration into global value chains to sustain long-term growth.

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