The Economic Survey said that due to the important role of domestic factors and strengthening macroeconomic stability, the risks related to economic growth are currently balanced.
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Economic Survey 2025-26: The Economic Survey, presented in Parliament on Thursday by Union Finance Minister Nirmala Sitharaman, estimates India’s GDP growth rate to be between 6.8 percent and 7.2 percent in the fiscal year 2027. This indicates the country’s strong economic foundation and stable growth. The Economic Survey also includes the impact of policy reforms undertaken in recent years.
According to this, due to these reforms, the medium-term growth potential of the country’s economy has reached approximately 7 percent. The Survey states that due to the important role of domestic factors and strengthening macroeconomic stability, risks to economic growth remain balanced for the time being.
The Economic Survey was presented in Parliament a few days before the Budget 2026-27, to be presented on February 1. The Economic Survey 2025-26, presented in Parliament, provides a detailed assessment of the government’s performance over the past year, the country’s economic situation, the pace of development, and the major challenges facing it.
The Importance of the Economic Survey Before the Budget
This Economic Survey has been presented at a time when the Central Government is about to present the Union Budget. It provides a glimpse of the government’s policy priorities for the next financial year. Amidst global uncertainties, this survey not only assesses the current economic situation but also plays a crucial role in shaping future policies and microeconomic management.
The Survey states that inflation is likely to remain under control in the coming period due to improved supply conditions and the impact of rationalizing GST rates. The government believes this will limit price pressure and provide relief to consumers.
Economic Survey Focuses on Electronics Sector
The Economic Survey specifically highlights the rapid progress of India’s electronics sector. It was India’s seventh-largest export category in FY2022, but by FY2025, it has become the third-largest and fastest-growing export category. Electronics exports are projected to reach $22.2 billion in the first half of FY2026, making this sector likely to soon become India’s second-largest export sector.
According to the report, this growth is primarily driven by rapid growth in domestic production and exports, with mobile phone manufacturing playing a key role. The value of mobile phone production, which was approximately ₹18,000 crore in FY2015, has increased to ₹5.45 lakh crore by FY2025. This nearly 30-fold increase reflects India’s manufacturing capabilities and the success of the ‘Make in India’ initiative.
