New Delhi, March 13 -- Indias real GDP growth is expected to moderate to 7.1 per cent in FY27 from 7.6 per cent in FY26, according to rating firm Crisil.
The forecast assumes a normal monsoon, moderate food inflation, Brent crude prices of USD 75 80 per barrel and steady global growth, despite tariff and geopolitical uncertainties.
Domestic Demand to Drive Growth
Growth will remain supported by domestic demand, public infrastructure capex and a gradual pick-up in private investment, even as the global environment stays uncertain.
Fiscal measures such as income-tax cuts, GST rationalisation, higher direct benefit transfers and adequate liquidity are supporting consumption by improving household disposable incomes and lowering borrowi...