New Delhi, Jan. 29 -- The Economic Survey for 2025-26, being released on 29 January, comes at an extraordinary time for the world. Global politics is in flux. Most agree that the world order they were comfortable with is no longer relevant. Beyond that, agreement ends. There is little clarity on what might replace it, or whether such clarity will emerge gradually or through a catalytic-or even cathartic-event.

Meanwhile, India has been patient, absorbing the pressure and quietly going about its goal of economic transformation, lifting aspirations and delivering on them. This is the backdrop in brief for the Economic Survey.

This fiscal year has been another good one for economic growth and macroeconomic stability. As of now, estimated g...