Economic Survey 2024–25: A day before the Union Budget 2025-26, Finance Minister Nirmala Sitharaman on Friday tabled the Economic Survey 2024-25 in the Lok Sabha. The document, authored by a team led by India’s Chief Economic Advisor V Anantha Nageswaran, provides insights into the performance of the economy in the ongoing financial year, and outlook for the next fiscal. Now, Nageswaran will address media at 2 pm.
According to the latest Economic Survey 2024-25, India’s GDP is projected to grow between 6.3 per cent and 6.8 per cent during the financial year 2025-26. It is compared with India’s official first advance estimate of 6.4 per cent.
The Economic Survey also provides the roadmap for reforms and growth. It outlines the developments in the economy and various sectors, in addition to providing an outlook for the next financial year.
On Saturday, Finance Minister Sitharaman will table the first full Budget of Modi 3.0 government amid expectations of tweaking income tax slabs, major boost for the infrastructure sector, larger allocations for rural development and the education sector.
The Budget Session commenced on Friday with President Droupadi Murmu addressing the joint sitting of Lok Sabha and Rajya Sabha. The first part of the session will conclude on February 13 and the second part will start on March 10. The session will conclude on April 4.