Economic Survey predicts over 7 percent GDP Growth
Economic Survey predicts over 7 percent GDP Growth

Economic Survey predicts over 7 percent GDP Growth

Highlights

* The first advance estimate projects real GDP growth at 7.4 per cent and GVA growth at 7.3 per cent for FY26.
* India’s potential growth is estimated at around 7 per cent, while real GDP growth for FY27 is projected at 6.8–7.2 per cent.
* The Centre’s revenue receipts rose to 9.2 per cent of GDP in FY25 (PA).
* Gross non-performing assets reached a multi-decadal low of 2.2 per cent in September 2025.
* A total of 55.02 crore bank accounts were opened under PMJDY as of March 2025, including 36.63 crore in rural and semi-urban areas.
* The number of unique investors crossed the 12-crore mark in September 2025, with nearly 25 per cent being women.
* India’s share of global merchandise exports nearly doubled from 1 per cent to 1.8 per cent between 2005 and 2024.
* Services exports touched an all-time high of USD 387.6 billion in FY25, registering growth of 13.6 per cent.
* India remains the world’s largest recipient of remittances, with inflows reaching USD 135.4 billion in FY25.
* India’s foreign exchange reserves increased to USD 701.4 billion as of 16 January 2026, providing cover for 11 months of imports and 94 per cent of external debt.
* Domestic inflation averaged 1.7 per cent during April–December 2025.
* India’s foodgrain production is estimated at 3,577.3 lakh metric tonnes in agriculture year 2024–25, an increase of 254.3 lakh metric tonnes over the previous year.
* More than ₹4.09 lakh crore has been released to eligible farmers under PM-KISAN since its inception.
* Viksit Bharat-Gramin is a comprehensive statutory overhaul of MGNREGS, aligning rural employment with the long-term vision of Viksit Bharat 2047.
* Manufacturing GVA grew by 7.72 per cent in Q1 and 9.13 per cent in Q2 of FY26, reflecting structural recovery.
* Production Linked Incentive schemes across 14 sectors have attracted over ₹2.0 lakh crore of actual investment, generating incremental production or sales exceeding ₹18.7 lakh crore and over 12.6 lakh jobs as of September 2025.
* The India Semiconductor Mission has advanced domestic capabilities, with 10 projects involving investments of about ₹1.60 lakh crore.
* High-speed corridors increased nearly ten-fold, from 550 km in FY14 to 5,364 km in FY26 (up to December 2025), while 3,500 km of railway lines were added in FY26.
* India is the world’s third-largest domestic aviation market, with the number of airports increasing from 74 in 2014 to 164 in 2025.
* Discoms recorded a historic turnaround, posting a positive profit after tax of ₹2,701 crore in FY25 for the first time.
* India ranks third globally in overall renewable energy capacity and installed solar capacity.
* India became the fourth nation to achieve autonomous satellite docking capability under the SPADEX mission.
* The gross enrolment ratio stands at 90.9 at the primary stage, 90.3 at the upper primary stage, and 78.7 at the secondary stage.
* India now has 23 IITs, 21 IIMs and 20 AIIMS, along with two international IIT campuses in Zanzibar and Abu Dhabi.
* India has accelerated maternal and child mortality reduction since 1990, outpacing global averages.
* As of January 2026, the e-Shram portal has registered over 31 crore unorganised workers, with women accounting for 54 per cent.
* Vacancies mobilised on the National Career Service portal exceeded 2.8 crore in FY25 and crossed 2.3 crore by September FY26.
* The multidimensional poverty index shows a decline from 55.3 per cent in 2005–06 to 11.28 per cent in 2022–23.
* The survey proposes disciplined swadeshi for strategic resilience through a calibrated three-tier strategy that builds critical capabilities, reduces input costs, strengthens advanced manufacturing, and progresses from self-reliance to strategic indispensability. (PIB)

 

Economic Survey predicts over 7 percent GDP Growth
Economic Survey predicts over 7 percent GDP Growth