2 days ago
India's 7.8% GDP Growth Defies Global Uncertainty, Modi Hails Resilience
India’s economy grew by 7.8% from April to June.
This was faster than many people expected.
The growth was also higher than the Reserve Bank of India’s 7% forecast.
Prime Minister Narendra Modi called the result a “Herculean feat.”
He said India grew despite higher oil prices and supply-chain problems.
Union Home Minister Amit Shah praised Modi’s leadership for helping the economy stay strong.
Growth was slower than the previous quarter’s 8.6%.
The reports said global uncertainty, including concerns about the war in Iran, could have hurt India’s economy.
India’s real GDP grew 7.8% in the April–June quarter, or Q1 of fiscal year 2026–27.
The growth exceeded the Reserve Bank of India’s 7% forecast and market expectations.
Prime Minister Narendra Modi called the result a “Herculean feat” despite oil-price shocks, supply-chain problems and global uncertainty.
Union Home Minister Amit Shah credited the result to Modi’s leadership and India’s economic resilience.
Growth slowed from 8.6% in the previous quarter but remained strong amid concerns linked to the war in Iran and disrupted energy markets.
- Who
- India’s economy, Prime Minister Narendra Modi and Union Home Minister Amit Shah.
- What
- India recorded 7.8% real GDP growth in the April–June quarter, the first quarter of fiscal year 2026–27.
- Where
- India; Shah’s statement was reported from New Delhi.
- When
- The growth covers April–June; Modi and Shah commented on the data on Monday, August 31.
- Why
- The growth was presented as evidence of economic resilience despite oil-price shocks, supply-chain issues, global uncertainty and disrupted energy markets.
Key facts
- GDP growth
- 7.8% in the April–June quarter of fiscal year 2026–27
- Real GDP estimate
- Rs 81.36 lakh crore at constant prices
- Comparable period
- Rs 75.46 lakh crore in the corresponding quarter of fiscal year 2025–26
- Previous-quarter growth
- 8.6%
- Reserve Bank forecast
- 7% GDP growth forecast for the quarter
- Modi’s description
- A “Herculean feat” achieved despite global challenges
- Challenges cited
- Oil-price shocks, supply-chain issues, global uncertainty and disrupted energy markets
Quotes
Narendra Modi
Prime Minister of India, commenting on the country’s GDP growth in a post on X
“This stands as a testament to the visionary leadership of Modi Ji, which has filled our nation with resilience to emerge successful regardless of how severe the global storm is. My heartiest congratulations to every citizen on this remarkable achievement”
theprint.in
“Indian economy growing from strength to strength against global odds Under Modi govt. Once again, the Indian economy has trumped global uncertainties and secured a GDP growth of 7.8% in Q1 of FY 2026-27”
theprint.in
Sources
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