After 7.7% GDP growth, Sitharaman reiterates push for 'Reform Express'
New Delhi, June 5
Union Finance Minister Nirmala Sitharaman on Friday said the government will continue to push reforms to sustain India's economic momentum despite global uncertainties, after the latest GDP data showed robust growth in the financial year 2025-26.
Reacting to the GDP figures in a post on X, Sitharaman said, "Our government led by Hon'ble PM Shri Narendra Modi is committed to further drive the 'Reform Express' with decisive policy measures to ensure positive economic momentum amidst the global challenges."
Her remarks came after India's economy recorded strong growth during FY 2025-26, with real Gross Domestic Product (GDP) estimated to grow by 7.7 per cent, according to official data released on Friday.
Highlighting the key economic indicators, Sitharaman said, "Real GDP has been estimated to grow by 7.7% in FY 2025-26 (PE)." She further noted that "Real GVA has grown by 7.9% in FY 2025-26 (PE)."
The Finance Minister also pointed to the economy's performance in the January-March quarter, stating that "Real GDP and Real GVA have been estimated to grow by 7.8% and 7.9%, respectively, in Q4 of FY 2025-26 (PE)."
Underscoring the broad-based nature of growth, Sitharaman said, "Notably, Manufacturing, Trade, Repair, Hotels, Transport, Communication & Services related to Broadcasting, Storage and Financial, Real Estate & Professional Services sectors have attained double-digit growth at both Constant and Current Prices in FY 2025-26."
The remarks come at a time when economies across the world continue to grapple with geopolitical tensions, trade uncertainties and uneven growth trends.
The Finance Minister reiterated that the government remains focused on reforms and policy measures aimed at maintaining India's growth trajectory, saying it is committed to ensuring "positive economic momentum amidst the global challenges."
— ANI
Reader Comments
Finally some good news! 🌟 Double-digit growth in manufacturing and services is exactly what we need. Nirmala ji is doing a great job steering India through global headwinds. Let's keep the reforms coming!
As someone working in a multinational here, I can tell you the optimism is real. Foreign investors are bullish on India. But we need to ensure this growth doesn't just stay in boardrooms but reaches the farmer and the street vendor. 'Reform Express' must have no unreserved coaches.
Woh sab theek hai, but why is the 'Reform Express' always heading towards the urban centres? Rural India still struggles with basic infrastructure. Growth figures are great, but let's not ignore the disparity. Kaash reforms zameen par bhi utre.
Good to see India maintaining this trajectory despite global uncertainty. The 'Reform Express' needs to keep chugging, but I hope the government also focuses on education and healthcare infrastructure. Sustainable growth needs a healthy, skilled population.
Kya baat hai! 7.7% is reason to celebrate, but let's not get overconfident. Global headwinds are real. We need to be careful about the fiscal deficit and not just spend for show. Prudent reforms are the need of the hour. Thoda sambhal ke chalna bhi zaroori hai.
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