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The Economic Survey 2025, released on Friday, January 31, pegged gross domestic product (GDP) growth at 6.3-6.8 per cent for the financial year 2025-26. For the current financial year, the Economic Survey projected growth at 6.5-7 per cent. This year’s Economic Survey is prepared by a team of economists and statisticians led by the government’s Chief Economic Advisor, V Anantha Nageswaran. The release of the crucial Budget-related document comes a day before the Finance Minister presents the Union Budget for the financial year 2025-26 in Parliament, on Saturday, February 1.
The Economic Survey serves as a precursor—containing valuable context, statistics and forecasts, among other things—that sets the tone of the Union Budget.
Here are key takeaways from the Economic Survey 2025, tabled in Parliament by the finance minister on Friday, January 31:
Several stock markets worldwide at elevated levels
These markets do not appear unduly concerned about economic growth and earnings uncertainties
Nor have financial stability risks fazed investors even though serious concerns are re-emerging about securitisation, leveraged loans
Based on several metrics, current valuation and sentiment levels in the US stock market may be the most extreme or among the top three
Agriculture and services sectors emerged as key growth drivers during this period
Overall growth was tempered by moderation in industrial activity, particularly in manufacturing, which faced challenges from slowing global demand and supply chain disruptions
Sustained growth visible in services sector but challenges remain on the manufacturing front
The cost of doing business will decrease through regulation to increase economic growth and employment
What is the Economic Survey and what does it contain?
An annual pre-Budget document, the Economic Survey gives a complete overview of the country’s economy, highlighting its performance, key challenges and prospects.
ALSO READ: What is the Economic Survey, who prepares it and what does it tell?
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