Goldilocks moment: BJP sees India’s GDP growing 7.4% in FY26

Story by  PTI | Posted by  Vidushi Gaur | Date 08-01-2026
Reserve Bank of India
Reserve Bank of India

 

New Delhi

The BJP on Thursday hailed India’s projected GDP growth of 7.4% in 2025-26 as a “Goldilocks moment,” saying the country is poised to maintain this momentum into 2027.

The optimistic outlook reflects Prime Minister Narendra Modi’s focus on economic reforms and transparent, corruption-free governance, the party said.

The First Advance Estimates released by the Ministry of Statistics and Programme Implementation (MoSPI) on Wednesday put GDP at constant prices at Rs 201.90 lakh crore for FY26, up from Rs 187.97 lakh crore in FY25, marking a growth rate of 7.4%. This exceeded the RBI’s forecast of over 7.3% and the government’s initial projection of 6.3–6.8%.

BJP national spokesperson Gopal Krishna Agarwal said the strong performance demonstrates India’s resilience despite global challenges, including 50% US tariffs on Indian goods, escalating trade tensions, and protectionist trends.

“The advance estimates show the Indian economy is growing rapidly, moving closer to becoming the world’s third-largest economy under Prime Minister Modi’s leadership, despite global turmoil,” Agarwal said.

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Citing government data highlighting growth across sectors, he added: “2026 has emerged as a Goldilocks moment for our country’s economy. We expect this momentum to continue into 2027 due to ongoing reforms, administrative improvements, and the commitment to transparency and anti-corruption measures.”