UN cuts India’s 2026 GDP growth forecast to 6.4%

PTI

united nations

The United Nations has revised downward India's economic growth forecast for 2026 to 6.4% from its earlier projection of 6.6%, citing global uncertainties and economic shocks arising from the ongoing West Asia crisis.

According to the report released by the UN Department of Economic and Social Affairs (UN DESA) on Tuesday, India, however, remains one of the fastest-growing major economies. The West Asia crisis has delivered yet another shock to the global economy, slowing growth, reigniting inflationary pressures and heightening uncertainty, the report said.  

Ingo Pitterle, senior economist and officer-in-charge of the Global Economic Monitoring Branch at the Economic Analysis and Policy Division of UN DESA, said India is "not immune" to current global challenges.  

"It is a large energy importer and it is also exposed to other channels, for example, remittances, add to some vulnerability. Also, a global financial tightening will make monetary policy more complicated,” Pitterle added.