Kamal Ghorui
NEW DELHI: Prime Minister Narendra Modi on Thursday said the Economic Survey 2025–26 offers a comprehensive picture of India’s growth journey, calling it a snapshot of the country’s “Reform Express”.Sharing a post on X, the prime minister said, “The Economic Survey tabled today presents a comprehensive picture of India’s Reform Express, reflecting steady progress in a challenging global environment.”He added that the survey “highlights strong macroeconomic fundamentals, sustained growth momentum and the expanding role of innovation, entrepreneurship and infrastructure in nation-building.”PM Modi said the survey underscores the importance of inclusive development, with focused attention on farmers, MSMEs, youth employment and social welfare.“It also outlines the roadmap for strengthening manufacturing, enhancing productivity and accelerating our march towards becoming a Viksit Bharat,” he said, adding that the insights would guide policymaking and reinforce confidence in India’s economic future.
India to remain fastest-growing major economy
According to the Economic Survey 2025–26, India is set to remain the world’s fastest-growing major economy, with real GDP growth projected at 7.4% in FY26, even as the global environment remains fragile due to geopolitical tensions, trade fragmentation and financial vulnerabilities.Tabled in Parliament by Union finance minister Nirmala Sitharaman, the survey said India’s macroeconomic fundamentals have strengthened due to robust domestic demand, disciplined fiscal consolidation and improving financial sector health, while stressing the need for strategic resilience amid rapid global changes.The survey projects real GDP growth at 7.4% in FY26 and 6.8–7.2% in FY27, with GVA growth estimated at 7.3% in FY26, reaffirming India’s position as the fastest-growing major economy for the fourth consecutive year.Sitharaman said the survey highlights a progression from “Swadeshi” to “Strategic Resilience” to “Strategic Indispensability”, which will ensure the world moves from “thinking about buying Indian” to “buying Indian without thinking.”“It is in this context that our government has been focusing on deregulation and strengthening the manufacturing sector in the country through various measures,” she said in a post on X.She added that in line with Prime Minister Modi’s vision of Aatmanirbhar Bharat and Make in India, India’s industrial sector has shifted from traditional manufacturing to high-tech capabilities, resilience and global integration.“Initiatives like the National Logistics Policy and the Unified Logistics Interface Platform (ULIP) are actively improving logistics efficiency and reducing transaction costs, thereby directly boosting the competitiveness of Indian manufacturing,” she added.
