India to Maintain Fastest Growth Rate Despite Global Challenges

Prime Minister Narendra Modi described the Economic Survey 2025–26 as a comprehensive reflection of India’s “Reform Express.” Responding for the first time to the survey presented in Parliament by Finance Minister Nirmala Sitharaman, the Prime Minister said the document highlights the stability and progress shown by the Indian economy despite global challenges.

The Prime Minister noted that the survey, released just ahead of the Union Budget, should be viewed in the context of the government’s reform-oriented vision and its broader economic implications.

In a post on social media platform X, PM Modi stated that the Economic Survey presented on 29 January symbolizes India’s continued progress in a challenging global environment. He emphasized that the survey is not merely a collection of statistics, but a reflection of the importance of inclusive growth.

The Prime Minister highlighted that special attention has been given to farmers, MSMEs, youth employment, and social welfare in the Economic Survey.

PM Modi further said that the Economic Survey 2026 presents a roadmap to accelerate India’s journey toward becoming a developed nation. It discusses strategies to strengthen manufacturing and enhance productivity. According to him, the recommendations in the survey will help guide future policymaking and boost confidence in India’s economic future.

One of the biggest takeaways from the Economic Survey released on 29 January is related to growth projections. According to the survey, India’s economy is expected to grow at a rate of 6.8% to 7.2% in the financial year 2026–27, beginning in April. The growth rate for the current financial year is estimated at 7.4%.

With this, India continues to remain the world’s fastest-growing major economy for the fourth consecutive year. Notably, India’s estimated potential growth rate has been revised upward from 6.5% to 7%, reflecting strong long-term economic prospects.