To become a developed country by 2047, India needs to grow at around 8% for the next decade or two. However, global economic and political conditions will play a crucial role in determining the feasibility of this target,

Economic Survey predicts India's growth at 6.3-6.8% by 2025-26, emphasizing de-regulation, private sector participation, and energy transition.

Hon’ble Minister for Housing and Urban Affairs, Shri Manohar Lal, lauded the advancements, emphasizing their role in fostering inclusive growth and enhancing the ease of living for citizens.

The consequences of financialisation are evident in advanced economies, where it has led to unprecedented levels of public and private sector debt -- some visible to regulators and some not, it said.

India needs 78.5 lakh new non-farm jobs annually till 2030 despite improved labour market indicators, Economic Survey 2024-25 reveals.

The Indian government's economic report, coming a day ahead of the annual budget, is likely to project GDP growth of 6.3-6.8% in 2025-26, according to two sources familiar with the matter.

GDP growth rate of India is expected to be between 6.3% and 6.8% for the financial year 2025-26. The Economic Survey predicts a decline in food inflation in the last quarter of FY25, aided by seasonal vegetable price drops and the arrival of the kharif harvest.

LIVE: The Economic Survey is a pre-budget document detailing the state of the economy over the last fiscal year.