India GDP Growth Forecast: Another world agency is seeing resilience in India’s growth outlook in FY2025-26 despite global turmoil triggered by multiple geopolitical conflicts, tariff war and the latest H-1B visa fee hike chaos.
The Organisation for Economic Cooperation and Development (OECD) on Tuesday hiked India’s economic forecast by 40 bps for 2025-26 to 6.7 per cent, thanks to monetary and fiscal easing and reforms linked to the Goods and Services Tax (GST).
OCED in its economic outlook said as quoted by TOI that higher tariff rates would weigh on the export sector, but overall activity is anticipated to be supported by monetary and fiscal policy easing, including the reforms to the Goods and Services Tax, with growth projected to be 6.7 per cent in 2025 and 6.2 per cent in 20