Economists note that India’s large domestic market and diversified economy offer insulation compared to smaller, more open nations. Prudent management of fiscal buffers will be critical to navigating near-term volatility while sustaining the growth trajectory.
This uptick from 5.1 per cent in March and 4.9 per cent in February underscores emerging pressures in the labour market, particularly in rural regions where job opportunities remain scarce.
India’s banking sector registered robust credit growth of 15.9 per cent in the financial year 2025-26, driven by strong demand across agriculture, industry, services and retail lending segments, according to the Union Ministry of Finance.
China has placed food security at the centre of its national strategy, setting a binding target to raise annual grain production capacity to 725 million metric tonnes by 2030.