PM Modi emphasized that the government will continue reforms to enhance the Ease of Living for all citizens, as India maintains its position as the world’s fastest-growing major economy.
Prime Minister Narendra Modi on Friday reacted to India’s 8.2 per cent GDP growth in the second quarter of 2025-26, saying it reflects the impact of government policies as well as the hard work of the people.
“The 8.2% GDP growth in Q2 of 2025-26 is very encouraging. It reflects the impact of our pro-growth policies and reforms. It also reflects the hard work and enterprise of our people. Our government will continue to advance reforms and strengthen Ease of Living for every citizen,” Modi said.
Secondary and Tertiary Sectors Lead the Growth
India’s economy accelerated sharply recording a robust 8.2 per cent GDP growth, up from 5.6 per cent during the same period last year.
The Ministry of Statistics reported that the secondary and tertiary sectors grew by 8.1 per cent and 9.2 per cent, respectively, helping push overall GDP above 8 per cent. The manufacturing sector expanded by 9.1 per cent, while construction grew at 7.2 per cent. The financial, real estate, and professional services sector recorded a double-digit 10.2 per cent growth.
Agriculture and allied sectors posted 3.5 per cent growth, and electricity, gas, water supply, and other utilities grew by 4.4 per cent. Real private final consumption expenditure (PFCE) increased 7.9 per cent, reflecting higher incomes and employment generation in the economy.
India’s Resilience Amid Global Challenges
Despite global headwinds such as US tariff hikes, India remains the fastest-growing major economy, with IMF projecting it as the only economy expected to clock above 6 per cent growth in 2025-26. The Reserve Bank of India noted continued expansion in manufacturing and services, lower inflation, stable foreign exchange reserves, and strong remittance inflows as key factors sustaining momentum.
Read more on The Financial Express
