Economic Survey 2025: India’s chief Economic Advisor (CEA) V Anantha Nageswaran presented Economic Survey 2025, The government’s official report card on the state of the economy on 31 Jan 2025. Where our money went which we gave to the Government as taxes, FY 2024 was the year of Elections across the world and most of us know that both qualitatively and in terms of quantitative Dimensions the world.
Economic Survey 2025
Economic survey Budget 2025 emphasizes the deregulation exercise which will probably not be a new story on the front pages but the kind of deregulation at the local and the state government level has to happen pervasively not only to boost MSMEs to boost manufacturing but also to lift the potential GDP growth.
The Key highlights include a 6.4% GDP growth, resilient services sector, and improved rural demand. The survey focuses more on balanced energy transition, AI-driven upskilling, and productivity in agricultural sectors. The banking sector showed asset quality improvement with highlights of certain regulatory reforms and investment in infrastructure.
India’s Economic Survey for 2024-2025 was organized in parliament on 31 Jan. FM Nirmala Sitharaman tabled the complete survey in Lok Sabha before the union budget. It is generally scheduled a day before the Union budget launching by the government. It also suggests future reforms and growth strategies comprising all the sectors.
Key highlights of the Survey-
The Global economy suffers a slow and uneven growth in 2024 with the slowdown in Manufacturing. The uneven growth is the result of geopolitical tensions in global trade.
Key highlights of India’s performance
-GDP is estimated to grow by 6.4% driven by services and agriculture to the large aspects.
-Record kharif production made a mark to improve Rural demand.
-The pace of manufacturing seemed to slow down.
-Strong foreign exchange and fiscal discipline Macroeconomic stability was attained.
-M3 growth moderated to 9.3% year on year.
-Increase in liquidity of the economy.
Future outlook
Commodity prices can shock but the year will be balanced in many senses.
Corporate wages growth will lead to investment pickup