Economic Survey 2025 - 10 things to know with detail
- 1. GDP Growth: The Economic Survey 2025 projects a GDP growth rate of 7% for the year, driven by strong domestic consumption and government spending.
- 2. Inflation: Inflation is expected to remain stable at around 4%, thanks to prudent monetary and fiscal policies.
- 3. Investment Climate: The survey highlights an improving investment climate, with increased foreign direct investment inflows and growing interest from multinational corporations.
- 4. Employment: The survey notes a slight uptick in employment rates, with the creation of new jobs in key sectors such as manufacturing, IT, and healthcare.
- 5. Trade Balance: The trade balance is expected to improve, with a narrowing current account deficit and increasing exports, particularly in the sectors of electronics, textiles, and pharmaceuticals.
- 6. Fiscal Deficit: The government is projected to meet its fiscal deficit target of 3.5% of GDP, thanks to revenue growth and expenditure rationalization.
- 7. Infrastructure Development: The survey highlights significant progress in infrastructure development, with key projects in transportation, energy, and urban development contributing to economic growth.
- 8. Digital Transformation: The survey emphasizes the importance of digital transformation in driving economic growth, with increased adoption of technology in various sectors such as e-commerce, fintech, and telemedicine.
- 9. Sustainable Development: The survey underscores the government's commitment to sustainable development, with initiatives to promote renewable energy, green infrastructure, and environmentally friendly practices.
- 10. Risks and Challenges: The survey also identifies potential risks and challenges, such as geopolitical uncertainties, commodity price fluctuations, and the impact of climate change, which could affect economic growth in the future.