India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EY
- Posted on June 27, 2026
- By Business News Today
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India's higher nominal GDP growth may help contain fiscal pressures despite global risks: EY
India's fiscal deficit is expected to remain under control in FY27, thanks to robust nominal GDP growth driven by higher inflation, according to EY India. This will bolster tax revenues, helping the government manage finances despite potential increases in subsidy spending. While real growth may moderate, a projected nominal GDP growth of around 12.
