(THE NEWSMAN OF INDIA.COM) The International Monetary Fund (IMF) has reaffirmed that India will continue to be the fastest-growing major economy, projecting a GDP growth rate of 6.5% for both FY26 and FY27. This outlook highlights India’s economic resilience amid global uncertainties.

According to the IMF’s World Economic Outlook, India’s growth will moderate from 8.2% in FY24 to 7% in FY25 before stabilizing at 6.5% in subsequent years. This is in line with the Economic Survey 2024-25, which estimates India’s real GDP growth for FY26 to be between 6.3% and 6.8%.

Despite a global economic slowdown, where worldwide growth is projected at 3.3% in 2025 and 2026, India’s strong macroeconomic fundamentals position it well ahead of other major economies. The IMF attributes this sustained growth to resilient private investment, robust financial sector health, and fiscal stability.

To maintain this momentum, the IMF recommends structural reforms focused on job creation, investment growth, and trade liberalization. Additionally, it emphasizes the need for stable policy frameworks and governance improvements to attract foreign direct investment (FDI).

India’s inflation is expected to remain within the Reserve Bank of India’s target range, with food price fluctuations being the primary risk factor. As these shocks subside, inflation is likely to stabilize.

The IMF’s reaffirmation of India’s growth potential underlines the country’s strong economic trajectory, reinforcing its ambition to achieve developed economy status by 2047.