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Even a half-a-percentage point hit to India’s nominal GDP may push economic growth to a level seen only thrice since March 2002.
The Reserve Bank of India (RBI) has stuck to its forecast of 6.5% real GDP growth for the financial year ending March 2026 (FY26). Real GDP is adjusted for inflation. Nominal GDP, on the other hand, reflects the actual value of goods and services at current prices.
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