📈 Economic Survey 2025-26: 7.4% GDP Surge Powers India’s Growth Story! 🚀
State Correspondents News Desk | January 30, 2026
💰 PLI Schemes Attract ₹2 Lakh Cr Investments | Poverty Dips to 11.28%
Optimistic outlook amid global headwinds—Domestic demand leads the charge.
Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2025-26 in Parliament today, forecasting a robust 7.4% GDP growth for FY26 fueled by resilient domestic consumption, investment rebound, and manufacturing momentum. The document underscores Production Linked Incentive (PLI) schemes’ stellar performance, drawing ₹2 lakh crore in investments and generating 12.6 lakh jobs across 14 sectors, while national poverty plummeted to 11.28% per Multidimensional Poverty Index.
🔥 Top Growth Drivers:
- GDP Projection: 7.4% for FY26 (7.8% investment growth).
- Manufacturing: 9.13% expansion in Q2 FY26; services steady at 7.2%.
- PLI Impact: 12.6 lakh jobs; electronics, pharma lead.
- Agriculture: Horticulture overtakes foodgrains; rural demand surges 8.5%.
- Poverty Halved: From 24.85% (2015-16) to 11.28% (2022-23).
📊 Sectoral Snapshot & Projections
Real GDP Growth Trajectory (%)
| FY | Agriculture | Industry | Services | GDP |
|---|---|---|---|---|
| FY24 Actual | 1.4 | 9.9 | 7.9 | 8.2 |
| FY25 Est. | 3.8 | 5.9 | 7.3 | 6.7 |
| FY26 Proj. | 4.2 | 7.1 | 7.0 | 7.4 |
Source: Economic Survey 2025-26
⚠️ Challenges & Policy Nudges
The survey flags US-China trade frictions, geopolitical risks, and monsoon variability as hurdles, advocating fiscal prudence with capex at 4% of GDP. It celebrates job formalization via EPFO (1.3 cr new members FY25) and women’s workforce participation climbing to 41.7%. Horticulture’s edge over staples signals dietary shifts boosting rural incomes.
“India’s economy shows remarkable resilience—targeted reforms will unlock sustained 8%+ growth.” – Economic Survey 2025-26
Amid global slowdowns, the report eyes Viksit Bharat by 2047 through skill upgrades, green transitions, and MSME credit flows. Markets reacted positively, with Sensex up 1.2% post-tabling.
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