Economic dataMoneycontrol
Govt may peg FY28 nominal GDP growth at 10.5-11%
Positive+19
GreyOak summary
A senior government official stated that the Budget 2027 will likely peg nominal GDP growth for FY28 at 10.5-11%. This figure serves as a realistic estimate accounting for inflation dynamics. Finance ministry officials expect real GDP growth in the 6.5-7% range for the same period.
What it affects
- Union Budget and taxesPositive +19
Govt pegs FY28 nominal GDP at 10.5-11%.Rolling sentiment Positive +35
- GDP growthPositive +19
FY28 nominal GDP growth pegged at 10.5-11%.Rolling sentiment Positive +55
