India's economy is projected to expand at a rate of 6.8 to 7.2 per cent in the fiscal year 2027, according to the Economic Survey 2025-26 tabled in Parliament today. Industry leaders across the financial, insurance, and manufacturing sectors reacted to the findings, noting that the docume
The Economic Survey highlighted that the recovery rate in NPAs in SCBs has approximately doubled from 13.2 per cent in FY18 to 26.2 per cent in FY25. The slippage ratio of SCBs, which measures the amount of new accretion to NPAs during the FY as a percentage of standard loans and advances as
India's services sector continues to be the main driver of economic growth, contributing over half of the country's Gross Value Added (GVA) and playing a critical role in employment generation, exports, and investment, noted the Economic Survey laid in Parliament by Finance Minister Nirma
In November 2025, bank credit to this sector increased by 21.8% compared to a 13% increase in November 2024. Within the MSME sector, the credit extended to the micro and small enterprises has registered an increase of 24.6% (YoY) in November 2025, up from 10.2% in November 2024, data rele
The survey notes that recent labour market indicators indicate improving employment conditions, driven by ongoing structural reforms. Monthly data from the Periodic Labour Force Survey (PLFS) show a largely stable labour market with seasonal variations, while quarterly averages indicate a
The Economic Survey of India tabled in Parliament on Thursday highlighted a steady improvement in the Centre's fiscal position, noting that fresh government borrowings are now increasingly being used to service past interest obligations rather than to finance current spending.
The Survey notes that the global economic environment has become increasingly uncertain, with trade policy now shaped more by strategic and political considerations than by multilateral rules.
India's economic growth is expected to remain resilient in FY27, supported by strong domestic fundamentals, stable inflation and sustained policy momentum, even as the global environment turns increasingly uncertain due to rising geopolitical tensions and financial fragilities, noted the
India's economic growth remains resilient with strong domestic demand acting as the main anchor, even as the global environment continues to remain fragile, according to the Economic Survey of India tabled in Parliament on Thursday.
Union Finance Minister Nirmala Sitharaman on Thursday tabled the Economic Survey of India in Parliament for the financial year 2025-26, setting the stage for the Union Budget, which will be presented on Sunday, February 1. This year, the Budget presentation falls on a weekend.