29 Jan 2026, Thu

Before the budget, Nirmala presented the Economic Survey 2025-26 in the Lok Sabha, GDP is estimated to be 6.8% to 7.2%.

Economic Survey 2025-26: Union Finance Minister Nirmala Sitharaman presented the Economic Survey in Parliament before the Budget 2026-27 to be presented on February 1. The Economic Survey 2025-26 tabled in Parliament has made a detailed assessment of the functioning of the government during the last one year, the pace of the country’s economy and the major challenges facing it.

The impact of policy reforms made in recent years has been taken into account in the economic growth projections. Due to this, the medium term growth potential of the economy has reached close to seven percent. It said risks to growth remain broadly balanced, given the dominant role of domestic factors and strengthening macroeconomic stability.

According to news agency PTI, in the annual report presented on the performance of the country’s economic growth, it has been said that the survey has estimated that India’s GDP growth rate in the financial year 2027 can remain in the range of 6.8 percent to 7.2 percent, which points towards strong economic fundamentals and stable growth.

economic survey before budget

This economic survey has been presented at a time when the Union Budget is to be presented soon and the government is going to announce important policy decisions for the next financial year. In the context of the economy facing challenges amid global uncertainties, this survey not only assesses the current situation for the government, but will also play an important role in deciding the direction of micro-economic management and policy priorities.

The Economic Survey said that inflation is likely to remain under control in the coming year also due to improvement in supply situation and gradually visible impact of rationalization of GST rates. The government estimates that these factors will limit pressure on prices and consumers will continue to get relief.

What was said in the Economic Survey?

The rapid progress of India’s electronics sector has also been highlighted in the survey. While the electronics sector was India’s seventh largest export category in FY22, by FY25 it has become the third largest and fastest growing export category. Electronics exports grew to $22.2 billion in the first half of FY26, making the sector soon poised to become India’s second largest export sector.

According to the report, this boom in the electronics sector has come due to the rapid growth in domestic production and exports, which has been led by mobile manufacturing. The production value of mobile phones was around Rs 18,000 crore in FY15, which has increased to Rs 5.45 lakh crore by FY25. This is an increase of almost 30 times, which shows the strength of India’s manufacturing capacity and ‘Make in India’ initiative.

Read this also: Rupee falls to its lowest level of 92 before the economic survey, 2% decline this year

Source link

By Admin

Leave a Reply

Your email address will not be published. Required fields are marked *