India’s real GDP growth to be 6.3% to 6.8% in 2025-’26, says Economic Survey
Navigating global headwinds will require ‘strategic and prudent policy management and reinforcing the domestic fundamentals’, said the chief economic adviser.
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India’s real gross domestic product is expected to grow between 6.3% and 6.8% in the financial year 2025-’26, the government’s annual Economic Survey projected on Monday.
This would mean a growth rate below 7% for India for the second consecutive financial year.
According to the government’s early estimates, the country’s real GDP is estimated to have grown at 6.4% in the financial year 2024-’25.
The survey, tabled by Finance Minister Nirmala Sitharaman in Parliament a day ahead of the Union Budget for 2025-’26, details the state of the country’s economy and suggests measures to boost growth.
Published by the Department of Economic Affairs, the survey said that navigating global headwinds requires “strategic and prudent policy management and reinforcing the domestic fundamentals”.
“Rural demand backed by a rebound in agricultural production, an anticipated easing of food inflation and a stable macro-economic environment provide an upside to near-term growth,” Chief Economic Advisor V Anantha Nageswaran said in the report.
In December, the government said that India’s economy was expected to grow at about 6.5% in the current financial year.
On December 30, the Reserve Bank of India said that India’s economy was demonstrating resilience and stability, and projected GDP growth at 6.6% in 2024-’25. The central bank said that the growth was aided by a revival in rural consumption,...
