New Delhi: India’s economy is projected to grow 6.8%-7.2% in FY27, according to the Economic Survey 2025-26 tabled in Parliament on January 29, underscoring resilience even as global economic uncertainty persists. Presented by Finance Minister Nirmala Sitharaman, the Survey flagged easing inflation, improved banking-sector health, strong external buffers, and a recovery in manufacturing as key supports for the outlook.
The survey reaffirmed India’s position as the fastest-growing major economy and noted that India’s growth has remained resilient despite a fragile global environment marked by geopolitical tensions, trade fragmentation, and financial vulnerabilities.
As per National Statistics Office estimates, the Indian economy has grown at 7.4 per cent in the current fiscal, reinforcing India's status as the fastest-growing major economy for the fourth consecutive year. The survey has also raised the country's potential growth forecast to 7 per cent from the earlier projection of 6.5 per cent estimated three years earlier.
Prime Minister Narendra Modi said the Economic Survey has highlighted strong macroeconomic fundamentals, sustained growth momentum and the expanding role of innovation, entrepreneurship and infrastructure in nation-building.
"The economic survey tabled today presents a comprehensive picture of India's Reform Express, reflecting steady progress in a challenging global environment. It highlights strong macroeconomic fundamentals, sustained growth momentum and the expanding role of innovation, entrepreneurship and infrastructure in nation-building," he said in a post on X.
