Moody’s Projects India’s FY26 GDP Growth at 7.3%, Supporting Rise in Household IncomesIn January...

Rojgar4u Team January 22, 2026

Moody’s Projects India’s FY26 GDP Growth at 7.3%, Supporting Rise in Household IncomesIn January 2026, Global credit rating agency, Moody’s Ratings projected that India will record a robust Gross Domestic Product (GDP) growth rate of 7.3% in Financial Year 2025-26 (FY26), higher than 6.5% growth rate registered in FY25.

It further highlighted that the robust economic expansion of the country is expected to support average household incomes and boost demand for insurance protection.

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What? Moody’s Ratings Projected India’s GDP for FY26
FY26 : 7.3%, up from 6.5% in FY25
Impact: To support average household incomes; support demand for insurance
GDP per capita: USD 11,176 in FY25, 8.2% YoY growth
Insurance Sector Performance (Apr–Nov FY26):
- Total premiums: Rs 10.9 lakh crore
- Health premiums: +14%
- Life new business premiums: +20%

Total premiums: Rs 10.9 lakh crore
Health premiums: +14%
Life new business premiums: +20%

Key Findings:
Income Growth: India’s GDP per capita rose 8.2% year-on-year (Y-o-Y) to reach USD 11,176 in FY25.
India’s Insurance sector: Moody’s in its report on India’s insurance sector highlighted that the sector is expected to benefit from sustained premium growth which is supported by strong economic expansion, increased digitisation, tax reforms,and a planned reform of the dominant state-owned insurance sector.
Insurance Sector Growth: India’s strong economic expansion drove a 17% rise in total insurance premium revenue, reaching Rs 10.9 lakh crore during April–November 2025‑26.

Health insurance premiums grew by 14%, while life new business premiums surged 20%.
This represents an acceleration compared to FY25, when total premiums had grown 7%, reaching Rs 11.9 lakh crore.