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India’s GDP growth projected at 6.3-6.8% for fiscal 2025-26: Economic Survey

by TLAteam January 31, 2025January 31, 2025
written by TLAteam January 31, 2025January 31, 2025
India’s GDP growth projected at 6.3-6.8% for fiscal 2025-26: Economic Survey

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.

Business News

“The fundamentals of the domestic economy remain robust, with a strong external account, calibrated fiscal consolidation 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.

The survey further said that the manufacturing sector faced pressures due to weak global demand and domestic seasonal conditions.

“Private consumption remained stable, reflecting steady domestic demand. Fiscal discipline and strong external balance supported by a services trade surplus and healthy remittance growth contributed to macroeconomic stability. Together, these factors provided a solid foundation for sustained growth amid external uncertainties,” said the economic survey.

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