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Prior to the afternoon, that is of the thirty-first of January 2025, Nirmala Sitharaman who is the Finance Minister will deliver the Economic Survey 2025-2026. She will deliver it in the Lok Sabha starting at 12:00 PM and in the Rajya Sabha at 2 PM. The report will be published in the coming year along with the Union Budget for 2025-2026. It will analyze the Indian economy in detail, starting from its performance during the last year to the prospects of its growth. It will end with the recommendations of policy solutions to the most critical questions.
Economic Development of India: Forecasting and Expected Trends
Also, Our projections for early 2024 revealed that the Indian economy is about to record a 7% expansion. It will be followed by a designation as the fastest-growing sector in the world. The experts claim that by 2024-25, India is expected to be a $4 trillion economy. It will emerge as the third-largest economic entity by 2027.
Furthermore, If the UN projection is right, the economy of India will grow by 6.6% in 2025. Private consumption and investment will be the main contributors to the growth. In this setting, it is envisaged that South Asia will be the prime economic destination. India will take up the lead in the process of gradual economic development.
Major Developments & Expectations
The speech that will be delivered by the PM is set to take place shortly before the beginning of the budget session.
- Sectoral Growth Analysis: This report will focus on growth in agriculture, manufacturing, and service sectors.
- Investment and Consumption Trends: Insights into domestic demand and private investment estimates.
- Fiscal Policies and Reforms: Updates on government policy, trade, and economic reforms that promote growth.
- Union budget 2025-26 preview: Expectations regarding tax policies, infrastructure development and social welfare programs.
So, Stay glued with The News Buzz for latest news updates as India’s economic progress makes its next big jump, shaping policies that are to be felt by businesses, investors and citizens alike.