How much growth, how much inflation? What does India’s economic accounts say? Understand from economic survey

economic survey

The country’s annual economic report card has arrived, which we and you call Economic Survey, this report card tells whether inflation is under control? Will the pressure on the pocket reduce? And now will AI really change the life of the common man? In the economic survey presented by the Finance Minister, this time there are a total of 16 chapters, in which there is a separate chapter on AI, that is, AI is special now and is forever.

According to the Economic Survey, the growth rate in 2026-27 may be between 6.8 to 7.2 percent. It has been said that the fall of the rupee against the dollar amid American tariffs is not a matter of regret. Quoting RBI and IMF it has been said that the inflation rate will increase gradually. It will be around 4%. In April-June 2025, 56 crore people of the country had employment.

Agriculture growth expected to be 3.1%

Agriculture growth is expected to be 3.1% in the financial year 2026, which the government is considering as good. The production of grains has reached a record level of 3 thousand 320 lakh tonnes in 2024-25, which has helped a lot in keeping inflation under control. India’s exports have increased amid turmoil around the world, with exports reaching a record level of $825.3 billion in FY 2025. This pace continues in the financial year 2026 also.

The big thing is that even after America’s 50% tariff, India’s export of goods has increased by 2.4% during April-December 2025. At the same time, an increase of 6.5% has been recorded in service exports, which is a good sign for India. It has been claimed in this survey that the target of reducing fiscal deficit has been achieved before the scheduled time.

It was 4.8% of GDP in the financial year 2025, while the government has set a target of 4.4% for the financial year 2026. Let us tell you that what the government spends more than its earnings is called ‘fiscal deficit’. Reducing deficit means strong economy and low inflation.

Budget will be presented on 1 February

The Economic Survey was presented today and the budget will be presented after two days i.e. on Sunday, February 1. Economic Survey and Budget both are different, Economic Survey analyzes the expenditure and its results of the previous year and estimates the growth of the coming year whereas Budget contains the account of expenditure in different sectors. The government tells how much it will spend on which work.

One special thing in this report is that the government will now consider data as a ‘national resource’ like gold or oil. It will be used to increase Artificial Intelligence in the country itself. Its purpose is not just to collect data but to improve agriculture and health, for example, health data will predict diseases and agricultural data will predict good harvest.

Instead of running after big AI models, India will create small and cheap AI technology that can solve local problems. The big companies that will use Indian data will in return have to contribute to the development of the country. The Chief Economic Advisor said that in the AI ​​​​era, India will have to overcome the skill shortage, however, an eye-opening figure is that only 8.25% of the youth in India are eligible for jobs as per their qualifications.

Bureau Report, TV9 Bharatvarsh

Leave a Comment