New Delhi. The World Bank has marginally increased India’s economic growth rate forecast for the financial year 2026-27 to 6.6 percent. The ‘South Asia Economic Update’ report said the recent cut in GST rates will boost consumer demand in the initial months of the financial year. However, the ongoing geopolitical crisis in West Asia and disruption in energy markets may pose challenges to growth.

Growth Rate Estimates and Comparisons

The World Bank has released its ‘Global Economic Prospects’ for January.