PM Modi hails 7.4% GDP Growth, cites ‘Reform Express’ momentum

Prime Minister Narendra Modi welcomed the First Advance Estimates of Gross Domestic Product (GDP) for 2025-26, highlighting India’s continued economic momentum under the NDA government. The National Statistics Office (NSO) projects a 7.4% real GDP growth in FY 2025-26, up from 6.5% in FY 2024-25, driven largely by the services sector.

“India’s Reform Express continues to gain momentum. This is powered by the NDA Government’s comprehensive investment push and demand-led policies,” PM Modi said in a post on X.

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Services Sector: 9.1% growth, with financial, real estate, and professional services expanding by 9.9%.

Manufacturing: 7% growth, supported by government-led infrastructure spending.

Agriculture: 3.1% growth, with moderate GVA growth.

Investment: Gross Fixed Capital Formation grows 7.8% at constant prices

The Reserve Bank of India (RBI) had earlier projected a 7.3% GDP