Page 14 - Policy Economic Report - Feb 2026

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

• Agriculture & Allied Sector (3.1%) and Electricity, Gas, Water Supply & Other Utility Services
Sector (2.1%) have seen moderate growth rate in GVA at Constant Prices during FY 2025-26.

• Real Private Final Consumption Expenditure (PFCE) has been estimated to attain a growth rate
of 7.0% during FY 2025-26.

• Gross Fixed Capital Formation (GFCF) has been estimated to have 7.8% growth rate at Constant
Prices during FY 2025-26, compared to 7.1% growth rate in previous FY.

Figure 8: Annual GDP estimates along with Y-o-Y growth rates

Source - NSO, MoSPI
Figure 9: Sector-wise growth rates (%) of real GVA in FY 20224-25 and 2025-26

Source - NSO, MoSPI Page | 13

February 2026