Defence Monitor

fiscal 2026

Resilient India to see 6.5 pc growth in fiscal 2026 despite challenges: Crisil

Resilient India to see 6.5 pc growth in fiscal 2026 despite challenges: Crisil

New Delhi, March 6 (IANS) India's real gross domestic product (GDP) growth would be steady at 6.5 per cent in fiscal 2026, despite uncertainties stemming from geopolitical turns and trade-related issues led by US tariff actions, a Crisil report said on Thursday. The forecast is based on two assumptions. These include another spell of normal monsoon and commodity prices continuing to remain soft. Cooling food inflation, the tax benefits announced in the Union Budget 2025-2026, and lower borrowing costs are expected to drive discretionary consumption, the report mentioned. Growth is now returning to pre-pandemic rates as fiscal impulse normalises and…
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