Page 29 - NIS English 16-30 September, 2026

GDP | ECONOMY
Committed to expanding economic
opportunities for citizens
Commenting on this success, Finance Minister Nirmala
Sitharaman said that real GDP is projected to grow by
7.8% in the first quarter of the 2026-27 financial year.
Projected growth in
nominal GDP during the
10.3% same period.
8.2% Growth recorded in
real GVA.
She attributed this stellar performance to the
people of India and their hard work. Reforms
implemented by the government and efficient
economic management are yielding positive
results. Under the leadership of Prime Minister
Narendra Modi, the central government
remains committed to expanding economic
opportunities for all our citizens.
impressive 7.8% GDP growth in the first quarter of
the 2026-27 fiscal year is a significant achievement.
The collective strength of the people ensured that
India continued to grow rapidly despite global un-
7.8% growth. Strong figures.
Even greater confidence.
Narendra Modi, Prime Minister
Indian economy growing
steadily stronger
Union Home Minister Amit Shah said
that under the leadership of Prime
Minister Narendra Modi’s government,
the Indian economy is consistently
strengthening despite global challenges.
Once again, rising above global
uncertainties, the Indian economy has
achieved a GDP growth rate of 7.8% in
the first quarter of the 2026-27 financial
year. This stands as a testament to PM
Modi’s visionary leadership, which has
imbued our nation with such resilience
that we emerge successful regardless of
the magnitude of global adversities. I
extend my heartfelt congratulations to all
citizens on this magnificent achievement.
certainties, fluctuating oil prices, and supply chain
disruptions. He remarked that the pessimists have
been proven wrong, and India is shining brightly
once again. n
Sep 16-30, 2026 || NEW INDIA SAMACHAR 27