Strong growth, deficient monsoon: India's economic balancing act

Abhijit Mukhopadhyay New Delhi, Oct 14 (UNI) When it comes to national income, India enters the second half of 2026-27 from a position of considerable macroeconomic strength. Real GDP growth of 7.8 per cent in the April-June quarter places India among the fastest-growing major economies, even as external demand remains uneven and geopolitical and trade-related uncertainty persists. The task now is to preserve this momentum by broadening its sectoral base, cushioning weather-related pressures on agriculture, and sustaining investment-led expansion. The first-quarter numbers show that India's growth is supported by meaningful activity in services, manufacturing, construction and investment. Real gross value-added…