GDP Growth Pegged At 6.3-6.8% For FY26

India's GDP growth for the financial year 2025-26 (FY26) is expected to be between 6.3% and 6.8%, as per the Economic Survey 2024-25. The projection indicates that economic growth may remain slow in the coming year.

Jan 31, 2025 - 14:13
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GDP Growth Pegged At 6.3-6.8% For FY26

India's GDP growth for the financial year 2025-26 (FY26) is expected to be between 6.3% and 6.8%, as per the Economic Survey 2024-25. It is compared with India’s official first advance estimate of 6.4 percent. The projection indicates that economic growth may remain slow in the coming year.

"The fundamentals of the domestic economy remain robust, with a strong external account, calibrated fiscal consolidation, and stable private consumption. On the balance of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 percent," said the economic survey released by the government. 

A day before the Union Budget 2025-26, Finance Minister Nirmala Sitharaman on Friday tabled the Economic Survey 2024-25 in the Lok Sabha. The document, authored by a team led by India’s Chief Economic Advisor V Anantha Nageswaran, provides insights into the performance of the economy in the ongoing financial year, and outlook for the next fiscal.

On Saturday, Finance Minister Sitharaman will table the first full Budget of the Modi 3.0 government amid expectations of tweaking income tax slabs, a major boost for the infrastructure sector, and larger allocations for rural development and the education sector.

The Budget Session commenced on Friday with President Droupadi Murmu addressing the joint sitting of Lok Sabha and Rajya Sabha. The first part of the session will conclude on February 13 and the second part will start on March 10. The session will conclude on April 4.

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