India's growth to moderate to 6.6 pc in FY27; reforms key to achieve Viksit Bharat goal: S&P report

India's economic growth is expected to slow to 6.6 percent this fiscal year. Achieving the Viksit Bharat goal by 2047 requires crucial reforms in energy and food security. External shocks from energy supply disruptions and rising oil prices are creating pressure. India must develop a comprehensive energy storage policy.