IMF Lifts India’s FY26 Growth Forecast to 6.6%
Why in the news
The IMF revised India’s growth outlook upward after a robust first quarter, despite a 50% US tariff on labour-intensive exports.
Key facts
- Increase: 20 basis points.
- Drivers: private sector growth, technology adoption, resilient consumption.
- Ranking: India remains the fastest-growing major economy.
| FY26 forecast (%) | Earlier | Latest |
|---|---|---|
| RBI | 6.5 | 6.8 |
| OECD | 6.3 | 6.7 |
| IMF | 6.4 | 6.6 |
| World Bank | 6.3 | 6.5 |
| S&P, ADB | 6.5 | 6.5 |
Global view: the IMF also lifted its 2025 world growth projection by 20 bps, with 2026 left unchanged.
Exam angle
- RBI has the highest latest figure, 6.8%.