Economic Survey 2026: Before the Union Budget, the Economic Survey 2026 was presented in the Parliament by the Central Government today. The context of the ancient epic Ramayana has been included as an example in the Economic Survey 2025-26. Through this, an attempt has been made to explain how India can move forward by learning from its opponents also. That too without compromising their self-reliance and autonomy. Lessons related to the war incident have been mentioned in the survey.

According to the survey, this lesson of Ramayana can be very important even in today’s complex global economy. This example can be seen as India’s international strategy amid intensifying global tensions and unstable financial conditions.

Hainan becomes China’s special free trade hub

China has developed the entire island as a special economic zone by opening the Hainan Free Trade Port. The customs system has been completely implemented here by the end of 2025. Due to which this area became a low tariff zone.

Hainan’s customs system is separate from that of China, where very low duties are charged on imports. Additionally, products manufactured locally with sufficient value addition can be sold across China without any additional taxes.

Hint for India regarding Hainan

The Economic Survey says that India should not view Hainan Free Trade Port as just a challenge. This is a sign of a major and gradual change that may affect Asia’s trade routes, logistics systems and investment decisions in the future.

Its impact can be seen especially in the North Indian Ocean and South China Sea region. Its importance is not limited to the existing competition, but it can gradually change the economic structure of the entire region.

Growing concern about the global situation

The survey also shows that these changes are taking place in a difficult global environment. Even though the world economy may have handled the shocks of 2025 better than expected, the situation is no longer as normal as before.

The possibility of moderate to severe problems in the economies, markets and political systems of different countries has increased in the future. In the coming times, there may be more ups and downs rather than stability.

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