India Achieves 7.7% Economic Growth in FY26, Leading Globally
India's economy grew 7.7% in FY26, world's fastest: Rajnath Singh
Asianet Newsable
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India's economy grew by 7.7% in the Financial Year 2025-26, making it the fastest-growing major economy globally. Defence Minister Rajnath Singh attributed this growth to the government's reform initiatives and praised Prime Minister Modi's leadership for fostering economic stability and resilience.
- 01India's GDP growth reached 7.7% in FY 2025-26, with a notable increase to 7.8% in the fourth quarter.
- 02Defence Minister Rajnath Singh highlighted the economic growth as a product of the 'Reform, Perform, Transform' mantra.
- 03Prime Minister Modi's leadership was credited for combining economic growth with stability and sustainability.
- 04The Ministry of Statistics noted that this growth exceeded earlier expectations, showcasing the economy's resilience against global challenges.
- 05The growth story aims to strengthen the aspirations of India's 140 crore citizens as the nation progresses towards the vision of Viksit Bharat.
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Defence Minister Rajnath Singh announced that India's economy grew by 7.7% in the Financial Year 2025-26, making it the fastest-growing major economy in the world. The growth rate accelerated to 7.8% in the fourth quarter, reflecting the resilience built over the last 12 years through the government's mantra of 'Reform, Perform, Transform.' Singh praised Prime Minister Narendra Modi's leadership, asserting that it has combined economic growth with stability, confidence, and sustainability. He emphasized that this growth story creates new opportunities for India's 140 crore citizens and aligns with the vision of Viksit Bharat. The Ministry of Statistics and Programme Implementation (MoSPI) confirmed that this growth surpassed expectations, highlighting the robustness of the Indian economy despite global economic uncertainties. Prime Minister Modi also commended the citizens for their role in achieving this economic milestone, assuring that India will continue to advance despite global challenges.
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The economic growth is expected to create new job opportunities and improve living standards for the population.
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