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India’s Economy Projected To Grow 6.5% In FY26 On Sound Fiscal Management: EAC-PM
New Delhi, July 16 (KNN) The Indian economy is projected to grow at 6.5 percent in the current financial year (2025–26), buoyed by strong domestic fundamentals despite mounting global uncertainties, according to S. Mahendra Dev, Chairman, Economic Advisory Council to the Prime Minister (EAC-PM).
Speaking on Tuesday, Dev noted that the country’s economic resilience stems from a favourable policy environment, declining inflation, and robust domestic demand.
"There are significant global headwinds, including geopolitical tensions and trade policy uncertainties. However, the Indian economy remains resilient and continues to be the fastest-growing among large economies," he said.
Dev attributed the expected growth to a combination of low inflation—supported by a favourable monsoon—and a benign interest rate environment, driven by three consecutive rate cuts by the Reserve Bank of India (