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'7.8% growth but still import-dependent': Sridhar Vembu explains Modi’s Swadeshi push
Mint 1 hr ago·2 Sept 2026, 11:50 am
The RBI revised its FY27 GDP growth forecast to 6.7%. PM Modi emphasized India's 7.8% real GDP growth in Q1 FY27, urging for local consumption and to avoid non-essential spending, noting the importance of conserving foreign exchange for continued growth.
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