Question
As per the World Bank’s “South Asia Economic Update April 2026: Working with Industrial Policy” report, what is India’s GDP growth forecast for FY27?
Solution
In April 2026, the World Bank released its “South Asia Economic (SAE) Update April 2026: Working with Industrial Policy” report. The report slightly raised India’s Gross Domestic Product (GDP) growth forecast for Financial Year 2026-27 (FY27) to 6.6% from its previous estimate of 6.3%. However, the report projected that India’s GDP growth is expected to moderate compared to previous years due to headwinds from the West-Asia conflict.
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