Economic Survey 2025 Highlights: Finance Minister Nirmala Sitharaman presented the Economic Survey in Lok Sabha on January 31, 2025. This survey offers insights into India’s economic performance and projections.
For the fiscal year 2025-26, India anticipates a GDP growth between 6.3% and 6.8% amidst global challenges. The economic outlook includes stable inflation and a boost to rural demand, hinting at a positive consumption trend.
The report indicates a steady state in various sectors, with agriculture contributing significantly to the economy. The agricultural sector alone represents 16% of the GDP. Notably, the industrial sector has also bounced back, exceeding pre-pandemic levels, while the services sector stabilizes at its long-term average.
Key Findings from the Economic Survey:
- Real GDP growth is projected at 6.4% for FY25, closely aligned with the decade’s average.
- Inflation has decreased from 5.4% to 4.9% in the first nine months of FY25 due to government measures.
- Foreign direct investment (FDI) increased by 17.9%, reaching $55.6 billion in the first eight months of FY25.
- Shipping cargo movement rose to 819 million tonnes in FY24, showing increased supply chain activity.
- India accounted for 4.3% of global services exports, ranking seventh in the world.
- Data usage surged to an average of 19.3 GB per month per user, up from 12.1 GB in FY21, reflecting a growing digital economy.
The Economic Survey emphasizes the need for significant investment in infrastructure for sustained growth, addressing challenges such as deregulation and strategic global positioning amidst increased competition and geopolitical tensions.
Moreover, the government aims to diversify its export markets, shifting focus from traditional partners to expand opportunities globally. The automobile sector also showcased robust growth, increasing by 12.5% in domestic sales, prompting the government to extend supportive policies.
In summary, the Economic Survey 2025 paints a picture of an evolving Indian economy that is resilient and poised for growth, even in the face of global uncertainties. The focus remains on sustainability, diversification, and leveraging advancements in technology and infrastructure to achieve long-term objectives.
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