To deal with the challenges, the Survey suggested that India needs to remain competitive and enhance its participation in global supply chains
It mentioned that electric mobility makes economic sense in a country like India, which imports most of its oil and has abundant renewable energy and coal, but there are challenges
Both govt, pvt companies should introduce AI over optimised period to minimise job loss
It discussed the medium- to long-term challenges in detail, which should guide policymaking
The first thing that stands out from the Survey is its realism when it comes to growth expectations
It also noted that the impulse from rural demand is expected to continue in the second half of the financial year
May be tasked with providing an impartial, objective assessment of regulatory processes and outcomes
Many investors that entered the market post-pandemic have never witnessed a significant and prolonged market correction, the Economic Survey 2025 said
The Survey, while underplaying the short-term outlook, takes a wider and long-term perspective on growth and presents a reform agenda in order to achieve the 2047 goal
As of November, 3.64 lakh villages have achieved ODF Plus status, ensuring solid and liquid waste management and maintaining cleanliness standards
Quoting the Chinese proverb, "May we live in interesting times!" the Survey noted that it is especially relevant in today's turbulent world
As of FY24, GCCs in India employed nearly 1.9 million professionals. Over the past five years, India has remained at the forefront of the global GCC expansion strategy, with more than 400 new GCCs
Corporate profits grew 22.3% in FY24 and employment 1.5%, it says
The Survey has said India needs to grow at 8 per cent for about two decades to become a developed nation by 2047, but it will have to face challenges from global developments and reliance on China
The Real Effective Exchange Rate (REER), which reflects the real purchasing power of the currency, steadily appreciated from 103.2 in April 2024 to 107.2 in December 2024, the survey added
Former Finance Minister P Chidambaram has called the Economic Survey 2025 a 'powerful indictment' of the Modi government's economic policies, citing key observations by the Chief Economic Advisor
Religious tourism accounts for over 60 per cent of domestic travel in India, according to a report by KPMG
The survey also highlighted the state's innovative public education scheme Illam Thedi Kalvi (Education at Doorstep)
Economic Survey 2025: India's foreign direct investment between April 2000 and September 2024 surpassed the $1 trillion mark
The Economic Survey 2025 highlighted the urgency of regulatory measures, recommending that the FSSAI establish clear definitions, labelling requirements, and stringent monitoring of UPFs