Amid global uncertainty, a parliamentary panel will study India’s evolving economic conditions
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As conflicts and geopolitical uncertainties surrounding tariffs cloud domestic growth, a key parliamentary committee has decided to examine the country’s evolving economic situation.
According to the Lok Sabha bulletin, the Standing Committee on Finance has selected “Evolving Economic Conditions in the Country” as the next subject for detailed scrutiny during 2025-26.
Parliamentary commissions select their subjects shortly after their establishment. However, they may choose other topics keeping in mind the evolving circumstances.
The Indian economy is estimated to have grown by 7.7% in 2025-26 (April-March), with a strong growth of 7.8% in the January-March quarter.
India’s GDP grew by 7.1% in FY 2024-25.
However, the RBI estimates that GDP growth will slow to 6.6% in the current fiscal year as the ongoing conflict in Western Asia increases the price of fertilizers and fuel worldwide. India is a net importer of both petroleum and fertilizers.
Before finalizing its report containing its observations and recommendations, the committee is likely to seek input from the finance ministry, the Reserve Bank of India (RBI), economists and other stakeholders.
The exam is expected to cover topics including economic growth, inflation, employment, investment trends, fiscal management, banking sector developments, trade and the impact of global developments on India.
The committee’s study assumes significance at a time when India is grappling with challenges arising from geopolitical tensions, supply chain disruptions, trade uncertainty and commodity price volatility while trying to maintain high economic growth.
For the period 2026-2027, the Standing Committee on Finance, chaired by Bhartruhari Mahtani, has selected themes covering all ministries, including finance, corporate affairs, planning (NITI Aayog) and statistics.
Published – 21 Jun 2026 10:51 IST