Highlighting Indian growth momentum amid global turbulence, Defence Minister Rajnath Singh today said India has maintained its growth trajectory and reinforced its position as the world’s fastest-growing major economy. He stressed India’s resilience reflects the strength of long-term reforms and policy stability that have shaped its growth story over the past decade.
Pointing to the latest economic data, Rajnath Singh said India recorded 7.7 per cent growth during the financial year 2025-26, while the pace accelerated further to 7.8 per cent in the January-March quarter. It shows the economy’s ability to record a surge in growth while several economies continue to grapple with slowing growth, inflationary pressures and geopolitical disruptions.
Rajnath Singh credits reform-driven growth
In a message shared on the social media platform X, Rajnath Singh said India’s economic performance stands out at a time when many nations are facing economic challenges.
He said the country’s sustained growth has been driven by the vision of “Reform, Perform, Transform”, which has guided policymaking over the last 12 years and helped build a stronger economic foundation.
According to Rajnath Singh, India has combined rapid expansion with stability, credibility and sustainability under the leadership of Prime Minister Narendra Modi.
He said continued emphasis on infrastructure development, innovation, entrepreneurship and long-term nation-building has strengthened India’s position in the global economy and expanded opportunities for citizens across sectors.
At a time when many countries are facing economic uncertainty, India continues to stand out as the world’s fastest-growing major economy. India’s economy grew by 7.7% in FY 2025–26, with growth accelerating to 7.8% in the fourth quarter, underscoring its resilience and underlying…
— Rajnath Singh (@rajnathsingh) June 6, 2026
PM Modi highlights economic strength
Prime Minister Narendra Modi also welcomed the latest growth figures, describing them as evidence of the economy’s underlying strength and the success of ongoing reforms.
In a social media post, he said the growth numbers reflect the hard work and aspirations of 140 crore Indians and reaffirm the government’s commitment to improving ease of living, ease of doing business and employment opportunities for young people.
GDP growth by the numbers
- FY26 GDP growth: India’s economy expanded by 7.7 per cent during 2025-26, surpassing the 7.1 per cent growth recorded in 2024-25.
- Strong final quarter: GDP growth for the January-March quarter of FY26 was estimated at 7.8 per cent, indicating sustained economic momentum.
- Real GDP expansion: Real GDP at constant prices is estimated at Rs 323.12 lakh crore in FY26, up from Rs 299.89 lakh crore in FY25.
- Nominal GDP rises sharply: GDP at current prices is estimated at Rs 346.36 lakh crore, compared to Rs 318.07 lakh crore a year earlier.
- Nominal growth rate: The economy recorded an 8.9 per cent increase in nominal GDP during FY26.
Economic resilience in focus
Data released by the Ministry of Statistics and Programme Implementation (MoSPI) indicates that domestic demand, investment activity and infrastructure-led expansion continued to support growth through the financial year.
With growth remaining above expectations and quarterly momentum strengthening, the government has projected confidence in sustaining economic expansion while advancing its broader vision of Viksit Bharat.