AnyTime News 
Balancing Inflation & Growth: India’s GDP Seen at 6.9% for FY 2026-27
Pooja Srivastava, Anytime News Network
The Monetary Policy Committee (MPC) of the Reserve Bank of India, chaired by Governor Sanjay Malhotra, concluded its 60th meeting held from April 6 to 8, 2026. The committee unanimously decided to keep the policy repo rate unchanged at 5.25%, signaling a cautious and balanced approach amid evolving global challenges.
Accordingly, the Standing Deposit Facility (SDF) rate remains at 5.00%, while the Marginal Standing Facility (MSF) rate and Bank Rate are held at 5.50%. The MPC also retained its ‘neutral stance,’ allowing flexibility to respond to future economic developments.
Globally, escalating tensions in West Asia have disrupted supply chains, increased energy prices, and created volatility in financial markets. These factors have intensified the policy dilemma between controlling inflation and sustaining economic growth.
Domestically, India’s economy continues to show resilience, with GDP growth estimated at 7.6% for 2025-26 and projected at 6.9% for 2026-27. Strong private consumption, steady investment, and a robust services sector are supporting growth, although external risks persist.
Inflation remains under control, with CPI at 3.2% in February 2026. However, rising energy prices and possible El Niño conditions pose upside risks. RBI projects inflation at 4.6% for FY 2026-27.
The central bank emphasized a “wait-and-watch” strategy, ensuring policy flexibility while closely monitoring inflation-growth dynamics in a volatile global environment.
