The forecast for 2026-27 is slower than the 7.4 per cent projection for the current financial year, driven by consumption and investment. India, which has been slapped with the highest 50 per cent tariffs on goods it sends to the US, remains one of the few large economies that is yet to sign a trade deal with Washington. The International Monetary Fund forecasts 6.2 per cent growth in the coming financial year, if steep tariffs remain in place. “The economic survey tabled today presents a comprehensive picture of India’s Reform Express, reflecting steady progress in a challenging global environment. It highlights strong macroeconomic fundamentals, sustained growth momentum and the expanding role of innovation, entrepreneurship and infrastructure in nation-building,” he said in a post on X.