RBI Releases 101st Survey of Professional Forecasters; Pegs FY27 GDP Growth at 6.6%
The Reserve Bank of India (RBI) released its 101st Survey of Professional Forecasters (SPF), which projected Financial Year 2026-27 (FY27) real GDP growth at 6.6%, up from the 6.5% estimated in the 100th SPF (May 2026). The survey projected that India will grow at 7.0% in FY28. SPF panellists placed GDP growth forecasts in the range of 6.0-7.2% for FY27 and 6.5-7.8% for FY28. Real GDP growth is projected at 6.8% (year-on-year) in Q1 FY27, expected to remain within 6.4%-7.0% over the subsequent four quarters. The SPF captures the views of external professional forecasters and is distinct from the RBI's own Monetary Policy Committee (MPC) projections.
RBI established: 1 April 1935 | RBI Headquarters: Mumbai | RBI Governor (2026): Sanjay Malhotra | The SPF was first launched by RBI in 2007 | India's financial year: April-March
The RBI's 101st Survey of Professional Forecasters projected FY27 real GDP growth at 6.6%, up from 6.5% in the 100th SPF. • The same survey pegged FY28 GDP growth at 7.0%, with Q1 FY27 growth at 6.8%. • The SPF reflects the views of external professional forecasters - distinct from the RBI Monetary Policy Committee's own projections.