UN pegs India FY26 GDP growth at 6.6%

The United Nations projects India's economic growth at 6.6% for FY26. This growth will be driven by strong private consumption and investment growth. In 2024-25, it is projected at 6.8%. The South Asian region is expected to grow due to strong per...

Agencies
The United Nations has projected India's economic growth for FY26 at 6.6%, driven by strong private consumption and investment growth.

India's growth rate will be the highest among South Asian nations, according to the report titled 'World Economic Situation and Prospects 2025' by United Nations Department of Economic and Social Affairs (UN DESA).

For 2024-25, it pegged India's growth at 6.8%.


The South Asian region is projected to grow by 5.7% in 2025 and 6% in 2026, largely due to strong performance in India and economic recovery in other countries, the report mentioned.

The National Statistics Office (NSO) earlier this week in the first advance estimate (FAE) projected the country's GDP growth at 6.4% in 2024-25.

"The Indian economy is now approaching the trend of pre-Covid times," said Nagesh Kumar, former director of the United Nations Economic and Social Commission of Asia and the Pacific.
ADVERTISEMENT

However, Kumar cautioned that an upward movement in oil prices could upset India's growth projections.

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Economy › Indicators › UN pegs India FY26 GDP growth at 6.6%
Text Size:AAA
Success
This article has been saved

*

+