Key Highlights of Economic Survey | Praxis Global Alliance
Highlights of Economic Survey 2024-25
31 Jan 2025
GDP Growth Projections:
India's economy is projected to grow at 6.6% in 2025, driven by private consumption and investment.
Real GDP growth for FY25 is estimated at 6.4%, close to the decadal average.
FY26 GDP growth forecast: Between 6.3% and 6.8%, maintaining stability despite global uncertainties.
Sectoral Performance:
Agriculture: Performing above trend levels.
Industry: Growth surpassing pre-pandemic levels.
Services: Reached trend growth levels.
Capital Expenditure (Capex) Growth:
Capex grew by 8.2% (July-November 2024) compared to the previous year, indicating strong investment momentum.
Geopolitical Risks & Global Uncertainty:
The survey highlights concerns over geopolitical tensions and their potential economic impact.
Inflation Trends:
Steady decline in inflation as global central banks lower policy rates, bringing inflation closer to target levels.
India's Role in South Asia’s Growth:
India is recognized as a key driver of South Asia’s economic strength, contributing significantly to regional progress.
Long-Term Economic Goals:
India is expected to become a $4 trillion economy in 2024-25.
On track to become the third-largest economy by 2027.
Presentation of the Economic Survey:
Presented in Parliament on January 31, 2025, by Finance Minister Nirmala Sitharaman ahead of the FY 2025-26 Budget.
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