Download the app
← Latest news

Stable growth forecasts for India hide deep damage to millions in informal jobs

Economy
Published on 28 April 2026
Stable growth forecasts for India hide deep damage to millions in informal jobs

Economists warn global shocks are strangling informal work

A Reuters poll of economists suggests India’s overall growth outlook remains steady, with inflation expected to stay within target bands and interest rates likely unchanged for now. But the optimistic headline masks mounting pressure on the vast informal sector, where global conflicts are disrupting businesses and jobs. If stress continues, government finances may face new strains.

  • Economists expect steady headline growth despite global conflict risks
  • Inflation is seen staying within target and rates likely to hold
  • The informal sector is taking the hardest hit on jobs and businesses
  • Prolonged disruption could weaken government finances
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.