♦ CRISIL report said on 6 March 2025, India’s real GDP growth is expected to remain steady at 6.5 percent for the 2026 fiscal.

♦ The credit rating agency’s forecast depends on two major factors: a normal monsoon and stable commodity prices, both of which are expected to keep food inflation in check.

♦ The agency predicted that cooling food inflation, tax benefits from the Union Budget 2025-26, and lower borrowing costs will boost discretionary consumer spending.

♦ The report also noted that India’s economic growth would gradually return to pre-pandemic levels as the impact of fiscal stimulus will fade and the high-base effect subsides.