Professional forecasters’ FY27 real GDP estimate of 6.5% a shade lower than RBI
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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
For FY28, the SPF projected real GDP growth and CPI inflation at 6.9% and 4.5%, respectively
Key Facts
Type Policy
Source BusinessLine - Economy
Published Sunday, 7 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
PM-JAY: 55 crore beneficiaries
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right