‘Reflects Steady Progress In A Challenging Global Environment’: PM Modi On Economic Survey 2026 | India News

Last Updated:January 29, 2026, 19:32 IST

PM Modi said that the Economic Survey presents a comprehensive picture of India’s Reform Express, reflecting steady progress in a challenging global environment.

Prime Minister Narendra Modi (Image: IANS/File)

Prime Minister Narendra Modi on Thursday said that the Economic Survey 2026 reflects steady progress in a challenging global environment. He added that the survey outlines the roadmap for strengthening manufacturing, enhancing productivity and accelerating India’s march towards becoming a Viksit Bharat.

Taking to X, PM Modi wrote, “The Economic Survey tabled today presents a comprehensive picture of India’s Reform Express, reflecting steady progress in a challenging global environment. It highlights strong macroeconomic fundamentals, sustained growth momentum and the expanding role of innovation, entrepreneurship and infrastructure in nation-building.”

“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. The insights offered will guide informed policymaking and reinforce confidence in India’s economic future,” he added.

Sitharaman Tables Economic Survey Of India

Finance Minister Nirmala Sitharaman on Thursday tabled the Economic Survey of India 2025-2026 in the Lok Sabha. The survey document provides insights into the state of the economy and various indicators for 2025-26 (April-March), as well as an outlook for the next fiscal.

India’s economy is projected to grow 6.8%-7.2% in FY27, according to the Economic Survey 2025-26 tabled today and underscored resilience even as global economic uncertainty persists.

The Survey flagged easing inflation, improved banking-sector health, strong external buffers and a recovery in manufacturing as key supports for the outlook.

Highlights Of Economic  Survey

Following are the highlights of the Economic Survey 2025-26 tabled by Finance Minister Nirmala Sitharaman in Parliament:

• GDP growth for next fiscal pegged at 6.8-7.2 percent.
• FY27 growth projection is lower than 7.4 percent growth estimated for the current fiscal.
• The survey projects medium-term growth potential at 7 percent, economy on a path of steady expansion amid global uncertainties.
• Reduce dependence on online teaching tools, which expanded during COVID-19, in favour of offline engagement
• Introduce age-based access limits for using social media platforms, as younger users are more vulnerable to compulsive use and harmful content. Social media platforms should be made responsible for enforcing age verification and age-appropriate defaults.
• FY27 to be a year of adjustment as the economy adapts to changes in GST, other reforms.
• Survey cautions against broader financial contagion if the AI boom fails to deliver the anticipated productivity gains, which may lead to a correction in overly optimistic asset valuations.
• Rupee valuation does not accurately reflect India’s stellar economic fundamentals.
• FY27 inflation is likely be higher than the current fiscal, but unlikely to be a concern.
• The survey pitches for policy to reshape terms of work for gig workers.
• FTA with Europe will strengthen India’s manufacturing competitiveness, export resilience and strategic capacity.
• It pitches for implementing ‘Swadeshi’ as a disciplined strategy, says not all import substitution is either feasible or desirable. Swadeshi is inevitable and necessary in the wake of export control and technology denials by developed nations.
• Prices of precious metals, both gold and silver, are likely to continue increasing due to their sustained demand as safe-haven investments amid global uncertainties.

(With agency inputs)

Read More