Picture Credit : @nsitharamanoffc/X
Finance Minister Nirmala Sitharaman has said the September quarter GDP print of 8.2 per cent shows that reforms and fiscal consolidation drove the Indian economy’s robust growth and momentum.
“Various high-frequency indicators also point to continued economic momentum and broad-based consumption growth,” she said in a social media post.
“The GDP estimates released today show the robust economic growth and momentum of the Indian economy. With a Real GDP growth rate of 8.2 per cent for Q2 – FY 2025-26 (July-September), India is the world’s fastest-growing major economy.” The growth, she said, has been driven by sustained fiscal consolidation, targeted public investment, and various reforms that have strengthened productivity and improved ease of doing business.
The government is committed to sustaining this growth momentum and advancing reforms that support long-term economic growth, she added.
The GDP estimates released today shows the robust economic growth and momentum of the Indian economy.
With a Real GDP growth rate of 8.2% for Q2- FY 2025-26 (July-Sept), India is the world’s fastest growing major economy.
In the current financial year, Real GDP has registered…
— Nirmala Sitharaman (@nsitharaman) November 28, 2025
According to media reports, The economy grew by a higher-than-expected 8.2 per cent, a six-quarter high, as increased factory production in anticipation of a consumption boost from the GST rate cut helped offset deceleration in farm output, according to official data.
The GDP growth came ahead of the festive season consumption boost on the back of the implementation of a significant reduction in the goods and services tax (GST). It, however, does not factor in the full quarter impact of an additional 25 per cent punitive tariff on Indian exports that took the total levy to 50 per cent in August.
The expansion, which was more than China’s 4.8 per cent, was driven by higher public investments, services demand, industrial output and firm consumption, besides statistical effects of a low base (the economy grew at a below-average 5.6 per cent in the same quarter last fiscal).
A low GDP deflator also lent some buoyancy. Inflation based on both the Consumer Price Index and the Wholesale Price Index was lower in the second quarter compared to the first. Lower food inflation stoked discretionary spending.
