World Bank projects India’s growth at 7.2% in FY26 on "resilient activity"
New Delhi: The World Bank has projected India’s economic growth at 7.2 per cent in FY2025-26, saying strong domestic demand despite rising global trade tensions, the World Bank said on Tuesday.
According to NDTV, in its latest Global Economic Prospects report released on Tuesday, the World Bank said India’s resilience has lifted overall growth in South Asia in 2025, offsetting the impact of heightened policy uncertainty and global trade frictions.
The report noted that growth in South Asia strengthened to 7.1 per cent in 2025, “mainly because of resilient activity in India.” The World Bank does not include Pakistan and Afghanistan in South Asia, and their economies are included in the Middle East and North Africa division.
India's expansion is "mainly reflecting robust domestic demand, including strong private consumption, supported by earlier tax reforms and improvements in real household earnings in rural areas", the bank said.
The World Bank projected India’s growth to moderate to 6.5 per cent in FY2026-27, assuming higher US import tariffs remain in place, before edging up to 6.6 per cent in FY2027-28. The bank attributed this to strong services activity, a recovery in exports, and improved investment flows.
Despite higher tariffs on certain Indian exports to the United States, the report said India’s growth outlook remains unchanged from earlier projections because "the adverse impacts of higher tariffs will be offset by stronger momentum in domestic demand than previously anticipated".
Across South Asia, India continues to be the region’s primary growth engine. Excluding India, growth in South Asia is forecast to rise to 5.0 per cent in 2026 and 5.6 per cent in 2027, while the region as a whole is expected to slow to 6.2 per cent in 2026 before rebounding.
For developing economies, including India, the report stressed the importance of improving productivity and job creation. It said per capita income growth in developing economies is projected at 3 per cent in 2026, well below long-term averages, limiting convergence with advanced economies.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Formulate model SOP for trekking safety in Karnataka: Minister Khandre tells officials
Bengaluru (PTI): Karnataka Minister for Forest, Ecology and Environment Eshwar Khandre has instructed authorities to formulate a standard operating procedure (SOP) for trekking safety, intended to serve as a national model.
The Minister issued the instruction in writing to the chief wildlife warden in the wake of the disappearance of a woman from Kerala in the dense Tadiandamol forest, and the search for a minor girl in Chandradrona hills, his office said in a release on Thursday.
Like the ‘e-Gastu’ app already developed by the Forest Department and the ‘MStripes’ app used in tiger reserves, if a similar kind of app is temporarily installed on the mobile phones of trekkers during the trek, it will be easier to track those who go astray, hence the Forest Minister has directed to take steps to develop the app and provide group insurance to trekkers, it said.
In addition, Khandre has suggested that nature guides should be equipped with wireless communication sets and they should be held accountable for safety and coordination of trekking groups under their supervision, it added.
