India’s macroeconomic fundamentals are stronger than ever, Union Finance Minister Nirmala Sitharaman said after presenting the Economic Survey 2025-26 in Parliament on Thursday. He described the Indian economy as a ‘global shining star’ that is stable and steadily growing amid geopolitical turmoil.
The Finance Minister, in a post on social media platform ‘X’, said that despite global headwinds, India remains on a high growth path. He emphasized that the country has successfully addressed global challenges, increasing India’s potential gross domestic product (GDP) growth rate to seven percent.
According to the Economic Survey, the Indian economy has maintained strong momentum even amid global uncertainties. Citing the estimates of the National Statistical Office (NSO), it was said that the Indian economy has grown at the rate of 7.4 percent in the current financial year. With this, India remains the world’s fastest growing major economy for the fourth consecutive year.
The review estimates India’s GDP growth rate for the next financial year (2025-26) to be in the range of 6.8 percent to 7.2 percent. It was also informed that the country’s potential growth estimate has been increased from 6.5 percent three years ago to seven percent now.
The Economic Survey report also highlights the potential of the agriculture sector. The report said that India, the world’s second largest agricultural producing country in terms of value, can reach 100 billion US dollars in exports of agriculture, marine and food and beverages in the next four years.
However, a warning has also been given in the report. It said frequent policy changes could disrupt supply chains, increasing uncertainty. This may cause foreign buyers to turn to alternative sources and export markets once lost may become difficult to regain.
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