In a strong rebuttal to global economic headwinds, the Bharatiya Janata Party (BJP) has asserted that India's economy remains on a robust growth trajectory, crediting the reform agenda of the Narendra Modi-led government. The statement comes even as speculations swirl about potential high tariffs from the United States.
Strong Growth Projections Amid Global Uncertainty
Addressing a press conference in New Delhi on Thursday, January 9, 2026, BJP national spokesperson Gopal Krishna Agarwal presented a bullish outlook for the nation's economic health. He revealed that India's economy is projected to grow at a robust 7.4% in the financial year 2025-26. This projection is based on the latest quarterly trends which, according to Agarwal, demonstrate "consistent strength" across all major sectors of the economy.
"The recently released GDP advance estimates clearly demonstrate how India's economy is moving forward with strength under the leadership of PM Modi," Agarwal stated. He emphasized that the government's advance estimates posit the GDP growth at 7.54%, with significant contributions coming from a diverse set of industries.
Key Sectors Driving the Momentum
The BJP spokesperson highlighted that the manufacturing, agriculture, construction, and services sectors are all showing strong performance, contributing collectively to the positive forecast. This broad-based growth, he argued, is a direct result of the government's strategic focus and policy interventions.
Agarwal pointed to several record-breaking macroeconomic indicators to bolster his claim:
- Foreign Direct Investment (FDI) inflows are at unprecedented levels.
- Goods and Services Tax (GST) collections have consistently hit new highs.
- Exports are performing exceptionally well.
Simultaneously, he noted that critical parameters like inflation and the fiscal deficit are being maintained under control, painting a picture of a stable and growing economy.
Attributing Success to Government's Reform Agenda
Crediting Prime Minister Narendra Modi for the economic resilience, Gopal Krishna Agarwal detailed the government's multi-pronged approach. He stated that continuous reforms, massive investments in infrastructure, and a focused attention on key areas are the pillars of India's progress.
"With the Modi government's continuous reforms, infra investment, and focused attention on MSMEs, defence, space, and the semiconductor sector, India is rapidly progressing towards becoming one of the world's leading economies," he asserted.
The BJP's confident economic assessment is positioned as evidence of India's ability to withstand external pressures, including the mentioned speculations about US tariffs. The party's message is clear: domestic policy reforms initiated by the current administration are effectively insulating the economy from major global changes and setting it on a path of sustained, high growth.
