'We are beginning to see the results': Economist on India's 8.2% Q2 GDP growth
New Delhi, November 29
India's economy grew by 8.2 per cent in the second quarter of 2025-26, marking a strong acceleration from last year's 5.6 per cent growth for the same period. Speaking to ANI, noted economist Kirit Parikh said the growth was "certainly, a very good achievement, and we should continue."
He expressed optimism that India could sustain this pace in the long run. "Hopefully, we will continue to get an 8.2% growth rate for a long time. I think in a sense that some of the measures the government has taken promise to do that," Parikh said.
Explaining the factors behind the strong performance, Parikh pointed to structural reforms and long-term investments. "For example, the liberalisation of GST rates, the new labour policy... The kind of things we have done in infrastructure, roads, and connectivity. That has been an ongoing investment for a long time. But these are investments that take time to mature or yield results. And we are beginning to see that all this connectivity has made a difference," he added.
Talking to the media at the National Padyatra to mark the 150th birth anniversary of Sardar Vallabhbhai Patel, Union Minister Piyush Goyal credited the government's policy direction for the robust performance. "We are all witnessing the various initiatives undertaken by PM Modi. The 8.2% growth in India's economy in the last quarter is also due to PM Modi's efforts, the way he guided the country's economy forward, fortified it, and enhanced India's reputation globally," Goyal told the media.
In a post on X, the minister highlighted the rise as a reflection of India's growing strength. "India's growth momentum rises! Second quarter GDP growth rate for 2025-26 estimated at 8.2%, a sharp rise from 5.6% for the same period last year. Manufacturing, construction, financial, real estate and professional services, among others, are contributing to rising productivity and a vibrant economic environment," he wrote. Goyal added that this "stellar performance" came from "policy consistency and continuity under PM Narendra Modi's leadership, which is powering long-term stability and growth."
— ANI
Reader Comments
Great numbers but I hope this translates to better job opportunities for youth. The manufacturing sector growth is encouraging, but we need more employment generation in rural areas too.
Infrastructure development is clearly showing results. The new highways and digital connectivity have reduced our logistics costs significantly. This is what Viksit Bharat looks like! 🇮🇳
While the GDP growth is impressive, I'm concerned about inflation. My grocery bills have increased by 15% in the last year. Economic growth should benefit common people, not just show in statistics.
The GST reforms and labour policy changes were much needed. As a small entrepreneur, these structural reforms are making business easier. Hope this momentum continues! ðŸ‘
Real growth should be inclusive. While cities are developing rapidly, we need to ensure rural India gets equal benefits. Agriculture sector growth is equally important for sustainable development.
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.