UN Report: India’s economy projected to grow at 6.4% in CY26, 6.6% in CY27
In April 2026, the United Nations (UN)Economic and Social Commission for Asia and the Pacific (ESCAP) released its latest report titled “Economic and Social Survey of Asia and Pacific 2026: Socioeconomic Prosperity Amid the Transition to an Environmentally Sustainable Economy”, projecting India’s economy to grow at 6.4% in Calendar Year 2026 (CY26) and 6.6% in CY27.
In April 2026, the United Nations (UN)Economic and Social Commission for Asia and the Pacific (ESCAP) released its latest report titled “Economic and Social Survey of Asia and Pacific 2026: Socioeconomic Prosperity Amid the Transition to an Environmentally Sustainable Economy”, projecting India’s economy to grow at 6.4% in Calendar Year 2026 (CY26) and 6.6% in CY27.
- The report further highlighted that economies in the South and South-West Asia region witnessed a growth rate of 5.4% in CY25, compared to 5.2% in CY24, mainly attributed to robust growth in India.
Key Details:
India’s Inflation: The latest Survey has projected India’s inflation at 4.4% in CY26 and 4.3% for next year.
Top 3 Countries in Greenfield FDI: As per the ESCAP’s latest survey, India (USD 50 billion), Australia (USD 30 billion), the Republic of Korea (USD 25 billion) and Kazakhstan (USD 21 billion), were among the countries that attracted the largest share of greenfield FDI in the 1st three quarters of CY26.
Remittances: The report noted that about 40% of remittances in India and the Philippines are used for essential spending, including medical expenses, of recipient households.
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- However, the report projected that India, the world’s largest remittance recipient in 2024, could face a sizable loss as the United States of America (USA) has imposed a 1% tax on all remittances since January 2026.
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