Higher Nominal GDP Growth To Help India Maintain Fiscal Discipline In FY27 Despite Global Risks: EY

Higher Nominal GDP Growth To Help India Maintain Fiscal Discipline In FY27 Despite Global Risks: EY

Last Updated:June 27, 2026, 3:24 PM IST According to the report, the Centre should be able to offset revenue impact of any excise duty cuts through stronger tax collections, although subsidy expenditure may exceed BE. Looking ahead, EY projected India’s real GDP growth at 6.6-6.8% in FY27, assuming global crude oil prices remain subdued and…

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