New Delhi, Apr 8: The Reserve Bank of India (RBI) on Wednesday projected the country’s GDP growth for 2026-27 at 6.9%, slightly lower than the 7.6% estimated for 2025-26. The downward revision reflects concerns over elevated commodity prices and supply chain disruptions stemming from the ongoing West Asia crisis.
Announcing the first bi-monthly monetary policy for the new financial year, RBI Governor Sanjay Malhotra highlighted that India’s merchandise exports could face challenges due to interruptions in key shipping routes, alongside rising freight and insurance costs.
Governor Malhotra noted that while India’s domestic economy remains resilient, global uncertainties, particularly in energy and logistics, are likely to influence growth and inflation trends. The RBI continues to monitor external pressures closely to maintain macroeconomic stability while supporting sustainable growth.
The central bank’s cautious outlook underscores the importance of strategic fiscal and trade measures to mitigate the impact of global disruptions and sustain India’s growth momentum in the coming year.
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