The real Gross Domestic Product (GDP) has been estimated to grow by 7.4 per cent in 2025-26 against the growth rate of 6.5 per cent during the last fiscal year. As per the first advance estimates of GDP for the current financial year, the real GDP is estimated to attain a level of over 201 lakh crore rupees in the current financial year, against the provisional estimates of GDP for 2024-25 of over 187 lakh crore rupees.
The Ministry of Statistics and Programme Implementation said that the buoyant growth in the services sector has been found to be a major driver in the estimated real growth. The Ministry said that trade, hotels, transport, communication and services related to the broadcasting sector have been estimated to grow by 7.5 per cent during this fiscal. The manufacturing and construction in the secondary sector have been estimated to achieve a growth rate of seven per cent.
Prime Minister Narendra Modi today said that the country’s Reform Express continues to gain momentum. Responding to the GDP numbers, Mr Modi said that this is powered by the NDA Government’s comprehensive investment push and demand-led policies. He said that the government is working to realise the dream of a prosperous India, be it infrastructure, manufacturing incentives, digital public goods or Ease of Doing Business.