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PM Modi: Economic Survey Reflects India’s Reform Momentum in a Tough Environment

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PM Modi

Prime Minister Narendra Modi on Thursday said the Economic Survey 2025–26, tabled in Parliament by Union Finance Minister Nirmala Sitharaman, captures India’s reform journey and steady advancement despite a difficult global backdrop.

He noted that the document also stresses the importance of inclusive growth, with special emphasis on farmers, micro, small and medium enterprises, job creation for youth and social welfare initiatives.

Sharing his views on X, Modi said the survey offers a detailed snapshot of India’s “Reform Express”, pointing to consistent progress in challenging circumstances. He said it highlights resilient macroeconomic fundamentals, sustained growth momentum and the growing contribution of innovation, entrepreneurship and infrastructure to national development.

The prime minister added that the survey lays out a clear roadmap to boost manufacturing, improve productivity and accelerate India’s journey towards becoming a developed nation. He said the insights provided would help shape informed policy decisions and strengthen confidence in the country’s economic prospects.

Finance Minister Sitharaman, meanwhile, said India’s macroeconomic foundations are stronger than ever and credited Modi’s leadership for the progress. In a post on X, she said India had successfully navigated global headwinds and placed itself on a high growth path, with potential GDP growth now estimated at 7 percent.

Key takeaways from the Economic Survey 2025–26 include a projection that India’s economy will expand by 6.8 to 7.2 percent in the fiscal year beginning in April, reinforcing its position as the world’s fastest growing major economy even as trade uncertainties and global volatility persist. According to National Statistics Office estimates, the economy grew by 7.4 percent in the current fiscal year, marking the fourth consecutive year of leading growth among major economies.

The survey has also revised India’s potential growth outlook upward to 7 percent, compared with an estimate of 6.5 percent made three years ago.

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