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India growth seen moderating to 6.6 in FY27 as energy shocks bite
Economy
Published on 6 May 2026
Viksit Bharat needs reforms in energy and food security
India’s economic growth is forecast to cool to 6.6% in FY27, driven by external shocks including energy supply disruptions and higher oil prices. A new S&P outlook warns that reaching the Viksit Bharat target by 2047 will hinge on faster reforms in energy and food security, including a comprehensive energy storage policy to blunt future volatility.
- Growth projected to slow to 6.6% in FY27
- Higher oil prices and energy disruptions are key pressures
- Viksit Bharat by 2047 needs energy and food security reforms
- A comprehensive energy storage policy is urged
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times