In its latest monthly economic review for September, the Finance Ministry maintained a strong growth outlook for FY26 amid uncertain global conditions.

It said the growth will be supported by a positive demand outlook due to GST reforms, favourable monsoons, lower inflation, and monetary easing.

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However, the report cautioned that global uncertainties will continue to affect external demand, presenting downside risks to the growth outlook.

The review by the Department of Economic Affairs in the Ministry of Finance said, “The implementation of various growth-enhancing structural reforms and government initiatives, including GST 2.0, is expected to mitigate some of the negative impacts of these external challenges.”

The steady upward trends were visible in Q2 FY26, the Fina

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