India's GDP grows by 7.8 percent, PM Modi responds to critics
India's economy recorded an impressive growth of 7.8 percent in the first quarter of the 2026-27 fiscal year, surpassing economists' estimates. Prime Minister Narendra Modi expressed satisfaction, stating this serves as a response to those who were pessimistic about the nation's economic progress. Increased domestic activity has enabled this growth despite global challenges.
VIMARSHNAARAD TVThe Indian economy achieved a robust growth rate of 7.8 percent during the first quarter of the 2026-27 fiscal year, covering the period from April to June. According to a report by Dainik Jagran, this growth rate has significantly exceeded the estimates projected by market experts and economists. These figures have once again proven the economic resilience of the country.
Prime Minister Narendra Modi responded to this economic performance by stating that these figures serve as a clear message to those who always maintained a negative outlook regarding the nation's economy. He emphasized that pessimists have been proven wrong once again and that India's development journey continues unabated.
The primary driver behind this growth is considered to be the surge in domestic economic activities. Despite various challenges and uncertainties present at the global level, the Indian economy has maintained its momentum. Improvements in domestic demand and production have played a major role in steering GDP figures in a positive direction.
Experts believe that these first-quarter figures are a positive sign for the times ahead. If this momentum is sustained, India will be able to further strengthen its position in the global economy. Government policies and the resilience of the domestic market have been the key pillars of this success.
According to the report, India's performance has been commendable despite the pressure of global challenges. While the economies of many countries are facing a slowdown, India has managed to accelerate its growth rate. This reflects the internal strength of the Indian market.
The Prime Minister described this achievement as the result of collective efforts. He stated that those who expressed doubts about the country's progress should now accept the ground reality. The government's focus is now on maintaining similar performance in the coming quarters.
Economic analysts suggest that there is a possibility of further growth in domestic consumption and investment in the coming months. If global conditions remain favorable, India's GDP growth rate could improve even further. For now, this 7.8 percent growth rate is being considered a major achievement for the country.