While the report itself showed that growth rates across sectors in India are set to slow in 2025-26, the World Bank’s Acting Director for India Paul Procee noted that there are things that can be done to boost growth. Image for representation only
| Photo Credit: Reuters
The World Bank has revised downwards India’s growth outlook for the current financial year 2026-27 to 6.6% from 7.2%, citing the impact of the war in West Asia on household and government consumption, as well as on industrial activity.
The India Development Update report by the World Bank said that “in the absence of the conflict”, India’s GDP growth was projected at 7.2%, a reflection of better-than-expected growth in 2025-26, “strong initial momentum” in the fourth quarter of that year as indicated by high-frequency data, and a “broad pro-growth reform agenda”.
Published – April 09, 2026 10:48 am IST
Source: https://www.thehindu.com/business/Economy/world-bank-raises-indias-fy27-gdp-growth-projections-to-66-flags-west-asia-conflict/article70841314.ece
