GDP growth forecast faces downside risk, warns Chief Economic Advisor
after close1 source ↓written by the desknot a recommendation
- for FY27
- 7-7.4%
Chief Economic Advisor V Anantha Nageswaran indicated a considerable downside risk to the GDP growth forecast of 7-7.4% for FY27. He emphasized the need for re-prioritizing spending to support those affected by the ongoing conflict in West Asia. High-frequency data in April may provide clearer insights into growth prospects.
Not investment advice. For informational purposes only.