Business News
1 min read | Updated on January 31, 2025, 11:58 IST
SUMMARY
The Economic Survey for 2024-25 is expected to project a GDP growth of 6.3-6.8% for FY'26. This growth outlook comes amid weaker performance in the manufacturing and investment sectors. India’s GDP is estimated to grow at 6.4% in the current fiscal year, marking a four-year low, according to the National Statistics Office.
The Economic Survey is likely to project a 6.3-6.8% GDP growth for the next fiscal year, sources said.
The Economic Survey is likely to project a 6.3-6.8% GDP growth for the next fiscal year, sources said.
The Survey 2024-25, authored by Chief Economic Advisor V Anantha Nageshwaran and his team, will be tabled in Parliament this afternoon.
India's GDP is projected to grow at a 4-year low pace of 6.4% in the current fiscal on weak manufacturing and investments, as per estimates of the National Statistics office.
This is lower than the growth projected in last year's Economic Survey of 6.5-7% and the Reserve Bank of India's 6.6% estimate.
The Economic Survey, tabled every year a day ahead of the Union Budget, gives a broad roundup on macroeconomic performance of the ongoing fiscal and a glimpse of how the next fiscal is likely to pan out.
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