Facebook Pixel FinMin sees robust FY26 growth despite global risks | The Statesman Siliguri - newspaper - Read this story on Magzter.com

Try GOLD - Free

FinMin sees robust FY26 growth despite global risks

The Statesman Siliguri

|

October 28, 2025

In its latest monthly economic review for September, the finance ministry maintained a strong growth outlook for FY26 amid uncertain global conditions.

- STATESMAN NEWS SERVICE

It said the growth will be supported by a positive demand outlook due to GST reforms, favourable monsoons, lower inflation, and monetary easing.

However, the report cautioned that global uncertainties will continue to affect external demand, presenting downside risks to the growth outlook.

The review by the Department of Economic Affairs in the Ministry of Finance said, “The implementation of various growth-enhancing structural reforms and government initiatives, including GST 2.0, is expected to mitigate some of the negative impacts of these external challenges.”

MORE STORIES FROM The Statesman Siliguri

The Statesman Siliguri

India's crude supply secure through diversified procurement

India’s crude oil supply remains secure despite disruptions to global energy routes caused by the ongoing West Asia crisis, a senior government official said on Wednesday, highlighting the country’s diversified sourcing strategy and emergency measures to stabilise fuel availability.

time to read

1 mins

March 12, 2026

The Statesman Siliguri

Country ready for any unprecedented demand for coal: Government

Coal production and supply continue to be higher than consumption this year, resulting in record high coal stocks at thermal powerplants and coal mines.

time to read

1 min

March 12, 2026

The Statesman Siliguri

RCB to face SRH in IPL 2026 openers as BCCI unveils schedule for first phase till 12 April

The Indian Premier League will return with its 19th edition from 28 March, with defending champions Royal Challengers Bengaluru taking on Sunrisers Hyderabad in the opening match after the Board of Control for Cricket in India (BCCI) unveiled the schedule for the first phase of IPL 2026 on Wednesday.

time to read

2 mins

March 12, 2026

The Statesman Siliguri

Bold governance but unenforceable intent

When Karnataka Chief Minister Siddaramaiah rose to present the state budget on 6 March 2026, few expected a digital governance milestone to emerge from the speech.

time to read

6 mins

March 12, 2026

The Statesman Siliguri

Jharkhand HC orders CBI probe into FIR against ED officials

The Jharkhand High Court ordered a Central Bureau of Investigation (CBI) probe into an FIR lodged against two Enforcement Directorate officials in Ranchi.

time to read

1 min

March 12, 2026

The Statesman Siliguri

No prasad for devotees at two RKM centres in Kolkata

Two important centres of Ramakrishna Mission in the city are unable to serve prasad to the devotees because of the LPG crisis.

time to read

1 min

March 12, 2026

The Statesman Siliguri

Dynasty Question

The death of Iran’s longtime supreme leader Ali Khamenei in US-Israeli air strikes aimed at crippling the country’s leadership, has triggered one of the most consequential political transitions in the history of the Islamic republic.

time to read

2 mins

March 12, 2026

The Statesman Siliguri

BJP leader shot at in Gangasagar, son blames political rivalry

Tension gripped Gangasagar in South 24-Parganas on Wednesday morning after a local BJP leader was shot at by unidentified assailants near Sreedham bus stand under the Gangasagar Coastal police station area.

time to read

1 mins

March 12, 2026

The Statesman Siliguri

Rajasthan Governor Bagade discharged from hospital, advised rest for some days

Rajasthan Governor Haribhau Bagade (photo) , who was admitted tothe SMS Hospital here yesterday following fever and restlessness, is discharged on Wednesday after improvement in the health parameters.

time to read

1 min

March 12, 2026

The Statesman Siliguri

Nation-making and women

Vol. CXXXXXX 59

time to read

6 mins

March 12, 2026

Listen

Translate

Share

-
+

Change font size