Economic Survey 2025, Jan. 31 -- India's economy is expected to grow between 6.3% and 6.8% in FY26 as fundamentals of the economy remain strong, but sustained growth of close to 8% each year at least for a decade is needed for India's to become a developed nation by 2047, Economic Survey 2024-25 tabled in the Parliament said.

"The fundamentals of the domestic economy remain robust, with a strong external account, calibrated fiscal consolidation and stable private consumption. On balance of these considerations, we expect that the growth in FY26 would be between 6.3 and 6.8 per cent," according to the Survey authored by Chief Economic Advisor V Anantha Nageswarana and his team of officials. As per the survey document, all sectors are also...