World Bank Trims India's FY27 Growth Forecast Amid Call for Structural Reforms

World Bank Trims India’s FY27 Growth Forecast Amid Call for Structural Reforms

The World Bank has lowered its economic growth projection for India for the fiscal year 2027 to 6.3%, citing a pressing need for accelerated structural reforms to sustain long-term expansion. Released in its latest global economic update, the report highlights that while India remains one of the world’s fastest-growing major economies, it faces significant headwinds…

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