New Delhi, June 6: Prime Minister Narendra Modi on Friday hailed India’s robust economic performance after the country recorded a 7.7 percent GDP growth in the financial year 2025-26, describing it as a reflection of the economy’s inherent strength, the success of reforms, and the hard work of 140 crore Indians.
According to the latest provisional estimates released by the government, India’s economy expanded by 7.8 percent during the January–March quarter (Q4 FY26), surpassing expectations and ending the fiscal year on a strong note. The annual growth rate of 7.7 percent was also higher than the previous year’s revised growth of 7.1 percent.
In a message posted on social media, the Prime Minister said the strong growth momentum demonstrates the resilience of the Indian economy and the positive impact of ongoing reforms. He reiterated the government’s commitment to further improving Ease of Living, Ease of Doing Business, and creating greater opportunities for the country’s youth.
Economic data indicated strong contributions from key sectors, including agriculture, manufacturing, construction, and services, while private investment and domestic demand continued to support growth despite global economic uncertainties.
With the latest figures, India has retained its position among the world’s fastest-growing major economies. However, economists have cautioned that global geopolitical tensions, inflationary pressures, and external market uncertainties could pose challenges to sustaining the current growth pace in the coming fiscal year.
The strong GDP performance is expected to boost investor confidence and strengthen India’s economic outlook as the government pushes ahead with development and infrastructure initiatives across the country.(KNC)
