India's Finance Minister Promises Reforms to Sustain Economic Growth Amid Global Challenges
Sitharaman on strong FY26 GDP: Govt to push reforms for momentum

Image: Asianet Newsable
Union Finance Minister Nirmala Sitharaman announced that the Indian government will continue to implement reforms to maintain economic growth, following a reported 7.7% increase in GDP for FY 2025-26. The government aims to support sectors experiencing double-digit growth despite global uncertainties.
- 01India's real GDP is projected to grow by 7.7% in FY 2025-26.
- 02Real Gross Value Added (GVA) is estimated to increase by 7.9% during the same period.
- 03The January-March quarter saw GDP and GVA growth rates of 7.8% and 7.9%, respectively.
- 04Sectors such as Manufacturing, Trade, and Services achieved double-digit growth.
- 05The government emphasizes the need for decisive policy measures to navigate global economic challenges.
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Union Finance Minister Nirmala Sitharaman reaffirmed the Indian government's commitment to driving economic reforms to sustain growth amid global uncertainties. Following the release of GDP data indicating a robust growth rate of 7.7% for the financial year 2025-26, Sitharaman highlighted the importance of policy measures to maintain positive momentum. She noted that the Real Gross Value Added (GVA) is also expected to grow by 7.9%. In the January-March quarter, GDP and GVA growth rates were estimated at 7.8% and 7.9%, respectively. Sitharaman pointed out that several sectors, including Manufacturing, Trade, and various Services, have achieved double-digit growth, showcasing a broad-based economic recovery. Despite ongoing global challenges such as geopolitical tensions and trade uncertainties, the government aims to ensure continued progress through reforms and strategic initiatives.
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The government's focus on reforms is expected to bolster economic growth, benefiting various sectors and potentially improving job creation.
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