India’s Economic Triumph: PM Modi Hails Economic Survey 2025-26 as Reform Express Accelerates Growth
Prime Minister Narendra Modi praised the Economic Survey 2025-26 for showcasing India’s resilient economy amid global challenges. Tabled by Finance Minister Nirmala Sitharaman, the survey highlights strong macroeconomic fundamentals and sustained growth momentum under Modi’s visionary leadership.
Robust GDP Projections Signal Bright Future
India’s real GDP growth is projected at 7.4% for FY26 and 6.8–7.2% for FY27, positioning the nation as the fastest-growing major economy for the fourth straight year. This momentum stems from robust private consumption (61.5% of GDP) and investments (30% of GDP), fueled by government reforms and infrastructure push. PM Modi’s focus on innovation and entrepreneurship has elevated India’s potential GDP to around 7%.
Tamed Inflation and Fiscal Discipline
Headline inflation hit a record low of 1.7% from April to December 2025, reflecting effective monetary policies. Fiscal deficit is set to drop to 4.4% of GDP in FY26 from 9.2% in FY21, showcasing prudent management. Banking sector strength, with GNPA at a multi-decade low of 2.2%, underscores financial stability.
Sectoral Wins Under Modi Government
Manufacturing GVA surged 9.13% in Q2 FY26, with high-tech activities at 46.3% of value added and electronics production up 30-fold since FY15. Services contribute 53.6% to nominal GDP, while infrastructure CapEx rose to 4% of GDP. Agriculture diversifies via livestock (6.1% growth) and fisheries (7.2%), aligning with inclusive development for farmers and MSMEs.
Inclusive Growth and Viksit Bharat Vision
The survey emphasizes youth employment, social welfare, and manufacturing boost, as noted by PM Modi. India’s global leads in greenfield digital investments and patents (6th worldwide) highlight reform success. National Highway network grew 60% since FY14, with 81% rural tap water coverage via Jal Jeevan Mission.
PM Modi’s Leadership Drives Optimism
Modi termed the survey a “comprehensive picture of India’s Reform Express,” crediting infrastructure and entrepreneurship. These insights guide policies for a developed India (Viksit Bharat), reinforcing global confidence in the economy.
