New Delhi, Jan. 29 -- Even as global trade faces renewed disruption from unilateral tariff actions and rising geopolitical tensions, India's economy has demonstrated resilience, with strong domestic fundamentals helping offset external headwinds, the Economic Survey 2025-26 has said.

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.

"Trade policy is now shaped primarily by security and political considerations rather than efficiency or multilateral rules," it observed, warning that the global system has become "less coordinated, more risk-averse, and more exposed to non-linear outcomes."

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