Potential GDP and Trend Growth
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Economic Survey ▪️Pegs GDP growth for next fiscal FY27 at 6.8-7.2%, this is lower than current fiscal ▪️Projects medium-term growth potential at 7% ▪️Geo political scenario could disrupt foreign capital inflows and consequently impact the Rupee ▪️External environment uncertain, India needs to be cautious ▪️Drying up foreign capital making the Rupee unstable ▪️Net surplus in services and remittances not enough to offset trade deficit ▪️Urges private sector to accelerate investment and job creatio
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