Domestic Demand Boosts Growth Despite Slight Slowdown
Domestic demand in India has grown significantly, but this trend may slow. According to the Economic Survey 2025-26, the Indian economy is currently in its most consumption-driven phase since 2012. In fiscal year (FY) 2025-26, private final consumption expenditure (PFCE) accounted for 61.5 per cent of gross domestic product (GDP), the highest level since FY…