New Delhi, Jun 21 (PTI) As conflicts and geopolitical uncertainties around tariffs cloud domestic growth, a key parliamentary committee has decided to examine the evolving economic condition of the country.

According to a Lok Sabha bulletin, the Standing Committee on Finance has chosen 'Evolving Economic Conditions in the Country' as an additional subject for detailed examination during the year 2025-26.

Parliamentary panels select their subjects soon after they are constituted. But they are at liberty to select additional subjects keeping in mind evolving circumstances.

Indian economy is estimated to have grown at 7.7 per cent in 2025-26 (April-March), with a robust 7.8 per cent growth in the January-March quarter.

India's GDP had grown at 7.1 per cent in the 2024-25 fiscal year.

However, the RBI estimates GDP growth to slow to 6.6 per cent in current fiscal year as the ongoing conflict in West Asia pushes up cost of fertiliser and fuel globally. India is a net importer of both crude oil and fertiliser.

The committee is likely to seek inputs from the finance ministry, the Reserve Bank of India (RBI), economists, and other stakeholders, before finalising its report containing its observation and recommendations.

The examination 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 navigating challenges arising from geopolitical tensions, supply chain disruptions, trade uncertainties and fluctuations in commodity prices, while seeking to sustain high economic growth.

For the 2026-27 period, the Standing Committee on Finance, chaired by Bhartruhari Mahtani, has chosen subjects spanning across ministries, including Finance, Corporate Affairs, Planning (NITI Aayog), and Statistics. PTI JD NAB TRB

Economic conditions in India to be examined amid global uncertainty, with focus on growth, inflation, employment, and trade. Parliamentary financial oversight has added evolving economic conditions in India as a subject for detailed examination for the year 2025-26. The proposed study is directed to assess the country's economic position in light of global uncertainty, geopolitical tensions, tariff-related pressures, supply chain disruptions, and commodity price fluctuations, with particular attention to growth, inflation, employment, investment trends, fiscal management, banking developments, trade, and the impact of external developments on domestic conditions.