Perspective on GDP Data by Ms. Madhavi Arora, Chief Economist , Emkay Global Financial Services
Below The Perspective on GDP Data by Ms. Madhavi Arora, Chief Economist , Emkay Global Financial Services
“The 4q growth print partly reflects the back loaded spending effect of the govt, both centre and States, led more by public capex spending.
As a whole the growth has been in line with the govt estimates, with capital formation staying broadly steady.
FY26 will be impacted by global uncertainties weighing on near term investment intentions, while easing urban incomes will weigh on private consumption. However, a part of this could be countered by continued monetary easing on both policy rates and regulatory frameworks, even as the fiscal policy will have limited growth pushing levers through conventional easing”.
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