India’s Economy May Grow by 6.4% to 6.7% in FY26, Says CII President Rajiv Memani / ਸੀਆਈਆਈ ਦੇ ਪ੍ਰਧਾਨ ਰਾਜੀਵ ਮੇਮਾਨੀ ਨੇ ਕਿਹਾ ਕਿ ਵਿੱਤੀ ਸਾਲ 2026 'ਚ ਭਾਰਤ ਦੀ ਅਰਥਵਿਵਸਥਾ 6.4 ਫੀਸਦੀ ਤੋਂ 6.7 ਫੀਸਦੀ ਦੀ ਦਰ ਨਾਲ ਵਧ ਸਕਦੀ ਹੈ।
The Indian economy is likely to grow by 6.4% to 6.7% in the financial year 2025-26. This good news comes from Rajiv Memani, the new president of the Confederation of Indian Industry (CII).
Mr. Memani believes that strong domestic demand, a good monsoon forecast, and more money in the market will help the economy grow steadily.
According to him, one of the big reasons for this hopeful growth is a recent move by the Reserve Bank of India (RBI).
The RBI has reduced something called the Cash Reserve Ratio (CRR) by 100 basis points.