India’s government predicted the economy will expand 6.3%-6.8% in the coming fiscal year, a more moderate pace than the recent past and below the levels needed for Prime Minister Narendra Modi to meet his ambitious goals.

The Indian government's economic report, coming a day ahead of the annual budget, is likely to project GDP growth of 6.3-6.8% in 2025-26, according to two sources familiar with the matter.

The Economic Survey expects the government's emphasis on micro, small, and medium enterprises (MSMEs) and good rabi crop production to accelerate growth and employment in the economy

The Economic Survey 2024-25 projected India's GDP to grow at the rate of 6.3 per cent to 6.8 per cent in the 2025-26 fiscal year (FY26). The survey was presented by Finance Minister Nirmala Sitharaman in the Parliament on January 31,