World Bank raises India’s FY27 growth forecast to 6.6%
12-Jun-2026
The World Bank has marginally raised its growth forecast for India to 6.6% for FY27 from 6.5% projected earlier, citing resilient domestic demand, even as it lowered its global growth outlook for 2026 to 2.5% amid escalating conflict in West Asia.
In its June 2026 Global Economic Prospects report, the multilateral lender also revised upward its FY28 growth estimate for India by 0.6 percentage point to 7.2%.
“Despite heightened uncertainty related to the conflict, economic activity in India remained robust early this year, supported by resilient domestic demand,” the World Bank said, adding that private consumption, particularly in rural areas, has remained strong, while urban demand is showing signs of recovery.
News Source:- https://www.financialexpress.com/policy/economy/world-bank-raises-indias-fy27-growth-forecast-to-6-6/4265157/?ref=economy_hp
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