All eyes are on the Budget now on February 1. In preparation to the key event in our financial calendar, the Ministry of Statistics and Programme Implementation (MoSPI) projected India’s real gross domestic product (GDP) to grow 7.4% in FY26 in its first advance estimates. Responding to the projections, key ratings firm Crisil said it expects India’s economic growth to ease in FY27, with real GDP projected at 6.7%. Crisil, in its report, highlighted 3 key factors that may result in the GDP growth easing as we move into the next fiscal. Here is a detailed analysis –