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India’s GDP is estimated to grow by 8.2 percent in the second quarter, which reflects economic strength despite the GST cut and US tariffs. India’s domestic demand is providing good support to GDP. External shocks do not seem to have much impact on India’s economy.
New Delhi. Despite facing many challenges, India’s economic strength is continuously increasing. The government has estimated that India’s GDP will grow at the rate of 8.2 percent in the second quarter of the ongoing financial year. Whereas in the same quarter of the last financial year 2024-25 it was 5.6 percent. If seen in the context of GST reduction and tariffs imposed by America, it can be called a big achievement.
Earlier in the fourth quarter of FY 24, India had achieved a growth rate of 8.4 percent. The country’s GDP growth rate in the last quarter was 7.8 percent. Since the first quarter of FY23, a growth rate of more than 8 percent has been achieved 6 times. For your information, let us tell you that this data is released by the Ministry of Statistics.
Not only in Asia but at the forefront in the world
The major economies of the world are currently stuck in recession, but India is running on a completely different track from that crowd. India’s GDP growth in Q2 FY26 has been 8.2 and this is one of the top performing growth rates not only in Asia but in the world. Amidst global uncertainty, war and supply chain turmoil, India’s growth is surprising.
Speed of 8.2… and where does the rest of the world stand
If we look at all the countries in one frame, the picture becomes even clearer. India stands at the top while China is limited to 4.8. Philippines is at 5.5, Malaysia at 5.2 and Indonesia at 5.04. The three major economies of Europe have almost come to a standstill. Germany is at 0.3, France at 0.9 and UK at 1.3. America, which is considered the most powerful economy in the world, was also able to reach a speed of only 3.8. This contrast shows that India is not only beating the big economies but has also left the global average many times behind.
domestic demand strong
The report shows that under the leadership of Prime Minister Narendra Modi, India has almost de-coupled itself from the global slowdown. Domestic demand remained strong, the corporate sector investment cycle is picking up again and the reform momentum has boosted confidence in the economy. The structure of GST has been simplified, fiscal discipline and monetary coordination have kept inflation under control. Reserves are strong, the rupee is stable and India is protected from external shocks. This is the reason why the world is stopping and India is moving forward.
Showed strength even in challenges
India’s GDP reaching 8.2 is not just a number, but it is a sign of the tremendous strength of India’s economy even in the midst of two major shocks. The first blow was to cut GST rates. There was a possibility of loss to industries due to reduction in GST but this did not appear to be happening. Quarterly results were more or less okay. At the same time, after the GST cut, people’s purchasing also helped in pushing the growth rate forward. Not only this, America’s tariffs also did not harm India. The domestic demand of the country emerged as a major factor behind this.
