Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2025–26 in Parliament on Thursday.
The Economic Survey projected the GDP growth in the range of 6.8 to 7.2% in 2026-27, a tad lower than 7.4% estimated in the current fiscal. "The outlook, therefore, is one of steady growth amid global uncertainty, requiring caution, but not pessimism," said the pre-Budget document tabled in the Lok Sabha.
The growth projection has taken into consideration the cumulative impact of policy reforms over recent years that appear to have lifted the economy's medium-term growth potential closer to 7%. "With domestic drivers playing a dominant role and macroeconomic stability well anchored, the balance of risks around growth remains broadly even," it said.
ALSO READ: Economic Survey 2026 Live Updates
Economic Survey On India-US Trade Deal
Ongoing negotiations for a trade agreement with the US are expected to conclude during the year, a development that could help reduce uncertainty on the external front, according to Economic Survey 2025-26.
For India, it said, the global conditions translate into external uncertainties rather than immediate macroeconomic stress.
Slower growth in key trading partners, tariff-induced disruptions to trade and volatility in capital flows could intermittently weigh on exports and investor sentiment, the Survey said.
"At the same time, ongoing trade negotiations with the United States are expected to conclude during the year, which could help reduce uncertainty on the external front," it said.
Read The Full Economic Survey 2025-26 here:
(With PTI inputs)
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