Rating The agency Iqra has predicted that India’s actual GDP (GDP) growth rate for the current financial year (2025-26) will be more than 6.5 percent. The agency said in its latest scenario that during the same period the actual gross value of the country will be more than 6.3 percent. While GDP determines the total value of goods and services produced in the country, GVA is obtained from the total value of goods and services produced on reducing the cost of intermediate goods and services. Let us tell you that the World Bank had recently estimated a 6.3 percent GDP growth rate for the current financial year. Whereas, CII had speculated that India’s GDP growth would be 6.5 percent this financial year.
How will the situation of inflation be in financial year 2025-26
The report stated that the consumer price index (CPI) based inflation in relation to inflation is estimated to be more than 4.2 percent, while the wholesale price index (WPI) will be more than 2.7 percent for the current financial year. Ikra has estimated the fiscal deficit to be 4.4 percent of GDP. According to Iqra, rural demand is likely to continue to rise with the help of rabi cash flow and more reservoir level than normal.
Goods can continue in the near future as well as lethargy in export
Ikra said that there is a huge relief in income tax in the Union Budget for 2025-26, reduction in rates due to reduction in EMI (monthly installment) and soft domestic expenses in food inflation are expected to increase domestic expenses. The report also said that lethargy in India’s goods exports can continue in the near future also. According to Ecra’s estimate, service export goods are likely to overtake the export growth. The report said that the Center’s capital expenditure is estimated to increase by 10.1 percent in 2025-26, which will promote investment activities.
With PTI inputs
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