GDP growth likely to touch 7% in FY26: CEA
‘Satisfied with economy’s response to global events’
Chief Economic Advisor V Anantha Nageswaran on Wednesday said the Indian economy has responded quite satisfactorily to global headwinds, and exuded confidence that real GDP growth is likely to touch 7 per cent in FY26.
Nageswaran said three global rating agencies had recently upgraded their ratings on India, and if the country continued on the same track, India could “soon” break into the ‘A’ rating category. He said the resilience shown by the economy, coupled with measures by the government and the Reserve Bank of India (RBI), placed the Indian economy in a “comfortable position”.
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