India’s economic growth rate to weaken at 6.6% in FY27 on slower investments, consumption: BMI
Cite this
Citations are auto-generated; verify before publishing. The policy classification is PolicyDhara's, not the source's.
Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
Expects rupee to trade in the range of 95.1 against the US dollar this calendar year
Key Facts
Type Policy
Source BusinessLine - Economy
Published Thursday, 11 June 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right
Amendment History
1 change recorded for this policy.
Description Thursday, 11 June 2026 via the_hindu_business
Business Monitor International's projection is in line with Reserve Bank of India's 6.6% growth estimates for FY27