<h1>IMF projects India growth resilience under prolonged US tariffs, credits GST reforms and urges fiscal, monetary and structural action</h1> The International Monetary Fund's annual assessment projects India's real GDP growth at 6.6 per cent in FY 2025-26 and 6.2 per cent in FY 2026-27 under an assumed prolonged 50 per cent US tariff regime, including tariffs linked to Russian energy imports. The IMF considers India's recent Goods and Services Tax reform, including rate reductions and simplification, as mitigating the adverse tariff impact and keeping headline inflation contained. IMF Directors endorse continued fiscal consolidation, targeted and time-bound tariff relief, and potential monetary easing if tariffs persist and inflation remains benign. They emphasize structural, labour, and financial sector reforms, enhanced revenue mobilisation, and greater exchange rate flexibility to sustain growth and resilience.