Years
The survey further states that the manufacturing sector faced pressure due to weak global demand and domestic seasonal conditions. It claims that private consumption remained stable, which reflects stable domestic demand.
According to the Economic Survey 2024-25, India's GDP growth for the financial year 2025-26 (FY26) is expected to be between 6.3% to 6.8%. Estimates indicate that economic growth in the coming year may be slow. The Economic Survey released by the government states that the basic principles of the domestic economy remain strong with strong external accounts, calibrated fiscal consolving and stable personal consumption. On the balance of these ideas, we hope that the increase in FY 2026 will be between 6.3 and 6.8 percent.
The survey further states that the manufacturing sector faced pressure due to weak global demand and domestic seasonal conditions. It claims that private consumption remained stable, which reflects stable domestic demand. The fiscal discipline and strong external balance supported by service trade surplus and healthy remittance enhance contributed to the comprehensive economic stability. Together, these factors provided a solid basis for continuous development between external uncertainties.
The Economic Survey mentions that food inflation, which has been a concern in recent months, is expected to be softened in the last quarter of FY15. It will help with a seasonal decline in the prices of vegetables and the advent of kharif crop. Additionally, in the first half of FY 2026, good Rabi crop is expected to control food prices, which will provide relief to consumers.
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