06-June-2026
Economy News
 
India can return to 7% GDP growth path in FY28 with macro stability, supply measures: CEA Nageswaran
06-Jun-2026

India could return to a growth rate above 7% by FY28 if macroeconomic stability is maintained and supply-side measures continue, Chief Economic Adviser V Anantha Nageswaran said on Friday, even as rising global uncertainties weigh on the near-term outlook. His comments came hours after the Reserve Bank of India (RBI) cut its GDP growth forecast for FY27 to 6.6% from the 6.9% projected in April, citing higher energy and commodity prices along with persistent supply disruptions linked to the conflict in West Asia.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/india-can-return-to-7-gdp-growth-path-in-fy28-with-macro-stability-supply-measures-cea-nageswaran/articleshow/131532450.cms