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Economy to surpass IMF's FY26 projections

Mint Mumbai

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May 03, 2025

India's economy will potentially grow at between 6.3% and 6.8% in 2025-26, likely settling near the midpoint of that range and surpassing the International Monetary Fund's (IMF) forecast of 6.2%, finance secretary Ajay Seth said on Friday.

- Rhik Kundu

Seth, however, said India's public debt remained elevated and must be reduced through sustained fiscal consolidation. He was speaking at the annual growth conference hosted by Ashoka University's Isaac Centre for Public Policy on Friday.

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