Union Finance Minister Nirmala Sitharaman has tabled the Economic Survey 202💙5. The survey was tabled during the Budget Session in the Parliament on Friday.
As 🥃per this document, th🥀e GDP growth for India is pegged at 6.3 to 6.8 percent.
"The fundamentals of the domestic economy remain robust, with a strong external account, calibrated fiscal conso🥃lidation and stable private consumption. On balance 🔯of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 per cent," said the economic survey released by the government.
Some of the key highlights of the su▨rvey include the persisting factor of geopolitical risks due to the ongoing conflicts in West Asia, Ukraine, ꦍAfrica and more.
When it comes to economic conditions, sources have cited that thꦏe growth will remain "sluggish" next year with GDP growth pegged at 6.3 to 6.8 percent.
Economic Survey 2025 | Key Highlights
As per the survey released on Friday, the global economy experienced a steady 👍yet uneven growth in 2024 due to a slowdown in manufacturin🤪g.
Factors such as geopolitical tensions, ongoing wars and trade policy risks further added to global economic instab🅘ility.
As per the Eౠconomic Survey, India's GDP is estimated to grow by 6.4 percent, solely by agriculture and services.
For the incoming year, India is expecting a "balanced outlook" for FY26. Furthermore, the report highlighted that investment pick-up, improved consumer confidence, and corp💫orate wage growth are much needed for economic growth.
The survey also acknowledgesᩚᩚᩚᩚᩚᩚᩚᩚᩚ𒀱ᩚᩚᩚ China's dominance in the manufacturing and energy transition👍 systems
What Is The Economic Survey?
The Economic Survey is an annual document presented by the governm▨ent ahead of the Union Budget. This document reviews the state of the economy in the outgoing budget and sets the precedent for the incoming 🐓one.
The document 𒊎also provides an overview of the short-to-medium-term prospects of the ec🍌onomy.
This survey is prepaജred by the Economic Division of the Department of Economic Affairs in the Ministry of Finance under the supervision of the chief economic adviser.
Earlier on, the surve💛y used to be presented as part of the Union Budget. However, in the 1960s, the survey was separated from the budget is now presented and tabled a day before the Budget presentation.