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India projected to grow at 6.8 pc in FY27, can become transit hub for global tourists

April 19, 2026
Source: lokmattimes.com lokmattimes.com
News Snapshot:
New Delhi, April 18 India, which entered the global geo-political conflict from a situation of strength, is projected to grow at 6.8 per cent in FY27, as fears of super El Nino could cloud growth estimates, with inflation average at 4.5 per cent, an SBI Research report said on Saturday.“India continues to demonstrate resilience with GDP likely to grow in the range of around 6.8 per cent-7.1 per cent, despite global uncertainties and regional conflicts,” said the report.The gross fiscal deficit for FY27 is estimated at Rs 16.95 lakh crore, or 4.5 per cent of GDP for FY27 (2022-23 base)....
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