OECD Interim Report: India Growth Forecast lowered to 6.1% for FY27
In March 2026, the Organisation for Economic Cooperation and Development (OECD) released its OECD Economic Outlook, Interim Report – March 2026, titled Testing Resilience in which it projected that the Indian economy will grow at 6.1% in Financial Year 2026-27 (FY27).
Key Highlights
Slowdown: The OECD has revised India’s FY27 growth forecast by 10 basis points (bps) from its earlier forecast of 6.2%, citing global uncertainty.
FY26 & FY28: The OECD also projected that India will grow at 7.6% in FY26 and 6.4% in FY28.
Global growth: Global growth outlook remained unchanged for 2026 at 2.9%, but estimates for 2027 have been lowered to 3% from 3.1%
In March 2026, the Organisation for Economic Cooperation and Development (OECD) released its OECD Economic Outlook, Interim Report – March 2026, titled Testing Resilience in which it projected that the Indian economy will grow at 6.1% in Financial Year 2026-27 (FY27).
Key Highlights
Slowdown: The OECD has revised India’s FY27 growth forecast by 10 basis points (bps) from its earlier forecast of 6.2%, citing global uncertainty.
FY26 & FY28: The OECD also projected that India will grow at 7.6% in FY26 and 6.4% in FY28.
Global growth: Global growth outlook remained unchanged for 2026 at 2.9%, but estimates for 2027 have been lowered to 3% from 3.1%
Sponsored Advertisement
No comments yet. Be the first!