Testing times: On India’s GDP growth data
This article is highly relevant for UPSC and state PSC exams as it provides a comprehensive snapshot of India's economic performance, covering GDP growth, sectoral contributions, and future projections. Prelims may test specific data points like GDP growth rates and sectoral shares; mains could ask about structural issues in agriculture and manufacturing, the impact of monsoons on the economy, and policy responses to supply disruptions. UPSC, OPSC, and MPPSC candidates should note the divergence between sectoral growth and employment, and the implications of slowing growth amid global headwinds.
- India's provisional GDP growth for 2025-26 is pegged at 7.7%, marginally higher than the government's February estimate of 7.6%.
- Agriculture sector growth slowed to 3% in 2025-26 from 4.2% in 2024-25, despite the 2025 monsoon being 108% of its long period average (LPA).
- The services sector's share in total GVA rose to 54.3% in 2025-26 from 51.9% in 2022-23, while agriculture's share fell below 20% from 22.1%.