The Economic Survey has been presented in the Lok Sabha.
The Economic Survey 2026, which gives the annual status of India’s economy, was presented in Parliament today. Finance Minister Nirmala Sitharaman presented this important document related to the financial year 2026 in the Lok Sabha at 12 noon. This survey, which will be presented before the Union Budget on 1 February, gives a glimpse of the direction and priorities of the budget. It has been prepared by the Department of Economic Affairs of the Finance Ministry.
According to the Economic Survey presented in the Lok Sabha, India’s economy has maintained a strong pace of growth. The country’s GDP growth is estimated to be between 6.8 to 7.2 percent in the financial year 2026-27. However, this is slightly less than the estimated rate of 7.4 percent for the current financial year. The Economic Survey is presented every year before the Budget and prepares the basis for the policies of the next financial year.
- On the trade front, India’s total exports reached a record US $ 825.3 billion in FY 2025, while it stood at US $ 418.5 billion in the first half (H1) of FY 2026. The main reasons for this increase were the rapid growth in services exports and the strong momentum in non-petroleum, non-gems and jewelery exports.
- In fiscal year 2025, total imports increased by 7.4 percent on an annual basis to US $ 919.9 billion. The country’s total trade deficit in fiscal year 2025 stood at US $ 94.7 billion. Retail inflation (CPI) has been continuously decreasing and it came down to 1.7 percent in 2025–26.
- The document released before the budget shows the government’s continued focus on self-reliance and strong policies. It says that India will have to increase domestic capacity in such areas, so that the country can become strategically strong. Strategic strength means creating a strong base and security to deal with external shocks. In terms of exports, service exports, including IT, GCC and professional services, are outperforming goods exports.
- Overall FDI investment in India remains strong. FDI has remained stable due to equity investment and new projects (greenfield), while portfolio investment has seen fluctuations due to global economic conditions.