Question
According to India Ratings and Research (Ind-Ra),
India’s economy is expected to grow at what rate in FY27?Solution
India Ratings and Research (Ind-Ra) has projected India’s GDP growth at 6.9% in FY27, describing the phase as a “Goldilocks” period with stable growth and low inflation. The forecast is supported by firm domestic demand, easing inflation, GST rate rationalisation, income tax waivers, and free trade agreements with countries such as New Zealand, the UK, and Oman.
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