EconomyMonday, 20 April 2026·The Hindu
SBI projects 6.8%–7% GDP growth for FY 2026-27 amid oil and El Niño risks
SBI Research projected India’s FY 2026-27 GDP growth at 6.8%–7% and flagged inflation, fiscal deficit, and external risks.
Key highlights
Direct fact
On 20 April 2026, SBI Research projected India’s GDP growth at 6.8% to 7% for FY 2026-27, while estimating FY 2025-26 growth at 7.6% and warning of oil shocks, El Niño and West Asia tensions.
Key specifics
- FY 2026-27 GDP growth projection: 6.8% to 7%.
- FY 2025-26 GDP growth recorded by SBI Research: 7.6%.
- CPI inflation projection: about 4.5%.
- Fiscal deficit estimate: 4.5% to 4.6%.
- Risk factors named: El Niño and West Asia geopolitical tensions.
Exam lens
Economy and budget MCQ, GDP growth projection, CPI inflation, fiscal deficit, risk factors; TNPSC may ask which institution projected India’s 2026-27 growth at 6.8%–7%.