The Economic Survey is a compilation of the Indian economy's performance and government policies, as well as the outlook for the upcoming financial year.
- Prepared by: The Department of Economic Affairs in the Union Finance Ministry, under the guidance of the Chief Economic Advisor (CEA).
- Focus of Economic Survey 2024-25: Driving domestic growth and resilience through deregulation.
Key Highlights of the Economic Survey 2024-25
- Real Gross Domestic Product: Which maps economic activity from the demand side of the economy, in the current financial year (FY25) is pegged at 6.4%; in the coming year (FY26).
- Headline inflation (Overall price level increase measurement): Is moderating because of moderating core inflation (inflation in goods and services except food and fuel).
- Export Growth Amid Global Challenges: Total exports (goods + services) rose over $600 billion in the first nine months of FY25.
- Concerns flagged by the Survey:
- Unfavourable Global Economic Environment: Rising trade protectionism have slowed global trade and investment,
- China's Manufacturing Dominance: China accounts for a third of global production, surpassing the next 10 countries combined.
- India faces limitations: In producing critical goods at the scale and quality required to serve the infrastructure and investment needs of an aspiring economy.
Survey’s Recommendation
|