New Delhi, Mar 25: India’s economic growth continues to remain robust, but widening disparities could pose a challenge to sustaining long-term momentum, according to recent assessments.
India remains one of the fastest-growing major economies globally, recording consistent expansion despite a volatile global environment marked by geopolitical tensions, supply chain disruptions and tighter financial conditions.
As per the latest national accounts data with a revised base year of 2022-23, the country’s real gross domestic product (GDP) grew by 7.2 per cent in 2023-24 and 7.1 per cent in 2024-25. The economy is further estimated to expand by around 7.6 per cent in 2025-26, reflecting continued resilience.
Economists note that sustained public investment in infrastructure, strong performance of the services sector and steady domestic demand have been key drivers of this growth trajectory. Government spending on roads, railways and digital infrastructure has played a significant role in boosting economic activity and job creation.
However, concerns are being raised over persistent inequality, which could undermine inclusive growth. While aggregate economic indicators show strength, income and wealth gaps remain pronounced, with limited improvement observed in recent years.
Experts suggest that unequal distribution of growth benefits may affect consumption patterns and social stability if not addressed in a timely manner. They emphasise the need for policy interventions focused on employment generation, skill development and improved access to education and healthcare.
“India’s growth story is strong, but ensuring that its benefits reach all sections of society will be crucial for maintaining this pace,” an economist said.
Analysts believe that balancing high growth with inclusive development will be key as India navigates its next phase of economic expansion. Addressing structural disparities could help sustain demand, enhance productivity and support long-term economic stability.
With global uncertainties continuing, policymakers are expected to focus on measures that not only sustain growth but also make it more broad-based and equitable, experts added.