The Economic Survey of India 2024-25 offers an optimistic outlook for India's economic growth, emphasizing resilience, reforms, and infrastructural progress.

The survey’s prediction for economic growth in the upcoming financial year – between 6.3% and 6.8% – falls short of this target.

The Union Budget for the upcoming fiscal year, 2025-26 or FY26, will come to pass on February 1, 2025. The Indian finance minister, Nirmala Sitharaman, will be presenting her 8th budget. The budget session,

Addressing the slowdown in the economy, CEA Nageswaran pointed out that India ‘still remains the fastest growing large economy in the world’.

While addressing the elephant in the room, the survey also spoke about the dragon in the room. China, it acknowledged, will have a bearing on the growth projections.

The Indian government's economic report, coming a day ahead of the annual budget, is likely to project GDP growth of 6.3-6.8% in 2025-26, according to two sources familiar with the matter.

GDP growth rate of India is expected to be between 6.3% and 6.8% for the financial year 2025-26. The Economic Survey predicts a decline in food inflation in the last quarter of FY25, aided by seasonal vegetable price drops and the arrival of the kharif harvest.

LIVE: The Economic Survey is a pre-budget document detailing the state of the economy over the last fiscal year.