EY Economy Watch: India's GDP Projected to Grow 6.8-7.2% in FY27

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India's GDP to hit 6.8-7.2% in FY27, says EY Economy Watch

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News18•26-02-2026, 14:00

India's GDP to hit 6.8-7.2% in FY27, says EY Economy Watch

•EY Economy Watch predicts India's GDP growth between 6.8-7.2 percent in FY27.
•Achieving Viksit Bharat by 2047 requires increased tax-GDP ratio, primarily through improved tax compliance.
•India's medium-term prospects are brightened by extensive bilateral trade agreements.
•Major tax reforms in PIT and GST in the current fiscal aimed to boost household disposable incomes and private consumption.
•Despite revenue forgone from tax reforms, the GoI is expected to meet its FY26 fiscal deficit target.

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