What is the estimated real GDP growth rate for India in the fiscal year 2025-26, according to the Economic Survey, 2024-25?
India GDP Growth Projection for FY 2025-26
The Economic Survey is a significant document released annually by the Indian government. It reviews the previous year's economic performance and provides outlooks and projections for the upcoming fiscal year. Understanding these projections is crucial for grasping the expected trajectory of the Indian economy.
Economic Survey Forecast: FY 2025-26
The question specifically asks for the estimated real GDP growth rate for India during the fiscal year 2025-26, according to the details presented in the Economic Survey of 2024-25. This survey provides forecasts based on various economic indicators and models.
According to the Economic Survey 2024-25, the projected real GDP growth rate for India in the fiscal year 2025-26 is estimated to be in the range of 6.3% to 6.8%.
Analyzing the Options
Let's look at the options provided in relation to the Economic Survey's projection:
- Option 1: 7.5% to 7.8% - This range is higher than the projection stated in the Economic Survey for FY 2025-26.
- Option 2: 6.3% to 6.8% - This range aligns precisely with the forecast presented in the Economic Survey 2024-25 for the fiscal year 2025-26.
- Option 3: 7.0% to 7.2% - This range is also higher than the specific projection mentioned in the survey.
- Option 4: 5.8% to 5.9% - This range is lower than the growth rate estimated by the Economic Survey for FY 2025-26.
Therefore, based on the Economic Survey 2024-25, the estimated real GDP growth rate for India in the fiscal year 2025-26 falls within the 6.3% to 6.8% range.
Important Questions from Economic Survey 2024-25
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Compute the fiscal deficit from the given data:
Total receipts are ₹13,500 crores and total expenditures are ₹15,000 crores. Revenue receipts are ₹3500 crores. Capital receipts in the form of Government's market borrowings and other liabilities are ₹2500 crores. Loan recoveries are ₹7500 crores.Which of the following are revenue receipts of the Central Government?
(A). GST
(B). Provident Fund
(C). Interest receipts
(D). Recoveries of loans and advances from State Governments
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Match the following committees with their mandates in the List I and List II
List I
CommitteesList II
Mandates(A). Malhotra Committee (I). NBFC Reforms (B). Narsimham Committee (II). Money Market Reforms (C). Vaghul Committee (III). Financial Sector Reforms (D). Shah Committee (IV). Insurance Sector Reforms
Choose the correct answer from the options given below:
