RBI MPC Assembly Ads: Governor Sanjay Malhotra, in his first examination of policies, estimated the growth rate of India’s GDP for FY26 at 6.7. Governor Malhotra said the first quarter should be 6.7%, the quarter at 7%, the quarter at 6.5%and the fourth quarter to 6.5%. “The risks are uniformly balanced,” he said.
Economic activity should improve during the coming year, agricultural activity remains optimistic, manufacturing activity should gradually be recovered to the second seme the disturbances linked to the monsoon at T2, the commercial expectations remain optimistic, The activity of the services sectors continues to be resilient, said the governor.
On the demand side, rural demand continues to be on an upward trend, while urban consumption remains moderate with high frequency indicators providing mixed signals, he said. “In the future, the improvement of employment conditions, tax reductions in the Union budget, moderating inflation, as well as a healthy agricultural activity to grow for household consumption. Public consumer expenditure should remain modest, “said Governor Malhotra, as he said that the factors increased well for the growth in fixed investment.
During the December political assembly, the predecessor of Governor Malhotra, the former Governor of RBI, Shaktikanta Das, projected the growth of GDP for the first quarter of the following year to 6.9%, and the second quarter at 7.3%.
The economic survey for 2024-25 filed in Parliament by the Minister of Finance Nirmala Sitharaman before the Union 2025 budget, estimated that GDP increased between 6.3% and 6.8% for the financial year “He There are many advantages of domestic investment, production growth and disinflation during exercise 26. There are also as strong drawbacks, very well. However, the fundamental principles of the domestic economy remain robust, with a strong external account, calibrated budgetary consolidation and stable private consumption. In the balance of these considerations, we expect the growth in exercise 26 to be between 6.3 and 6.8%, “said the economic survey.
