ITANAGAR, 9 Jan: Deputy Chief Minister Chowna Mein on Friday said that India’s estimated 7.4 percent economic growth in 2025-26 reflects the strength of sustained reforms and the country’s resilient growth momentum under the leadership of Prime Minister Narendra Modi.

Sharing a post on social media, Mein said the first advance estimates (FAE) released by the Centre highlight India’s strong macro-economic fundamentals, and its position as one of the fastest-growing major economies in the world.

“India’s growth at 7.4 percent in 2025-26 underlines the success of focused reforms and prudent economic management,” he said.

The deputy chief minister, who also holds the finance, planning and investment portfolios, observed that nominal GDP is estimated to grow at around 8 percent, signalling expanding economic activity and rising incomes.

He also highlighted that the services sector, projected to grow at 7.3 percent, continues to be a major driver of overall economic expansion.

“Buoyant growth in the services sector remains a key pillar of India’s economic strength, creating opportunities across sectors and regions,” Mein said.

Emphasising the broader impact of the growth outlook, the deputy CM said that such a performance would help generate employment, strengthen public finances and support inclusive development across states, including frontier regions like Arunachal Pradesh.

“This growth trajectory reflects a confident, future-ready India, moving steadily towards long-term prosperity,” he said, adding that the economic momentum would further empower farmers, youths,and entrepreneurs across the country.

The deputy chief minister added that India’s consistent growth performance reinforces its rising global standing and its ability to navigate global economic uncertainties with confidence. (PTI)