Economic Survey

Indian cities don't lack infrastructure, what they lack is civic trust

While our cities need investment, they also need something harder to build and easier to ignore to become truly livable

Maharashtra outstanding debt seen rising to ₹11.02 trillion in FY27: Budget

Maharashtra's outstanding debt is expected to rise by 11.1 per cent in 2025-26, though the overall debt burden will remain within the limits prescribed under fiscal responsibility norms, according to the Economic Survey 2025-26 tabled in the state legislature. The survey, which was tabled on Thursday, said the Debt-to-Gross State Domestic Product (GSDP) ratio is estimated at 18.3 per cent in 2025-26, well below the 25 per cent ceiling stipulated under Maharashtra Fiscal Responsibility and Budget Management (FRBM) Rules 2006. "The state's total outstanding debt is estimated at around Rs 9.3 lakh crore in 2025-26, comprising accumulated public debt and other liabilities. Domestic borrowings account for the major share of the debt stock," it said. According to the survey, domestic debt alone is projected at Rs 7,39,859 crore, accounting for 79.4 per cent of the total outstanding debt of the state. It added that the state government mainly raises resources through market borrowings and

Maharashtra's economy likely to grow 7.9% in 2025-26: Economic Survey

Maharashtra's economy is expected to grow at 7.9 per cent in 2025-26 while the per capita income is projected to reach Rs 3.47 lakh, as per the Economic Survey tabled in the state legislature on Thursday ahead of the Budget. The agriculture and allied sector is expected to grow by 3.4 per cent in the present financial year. Industry is expected to grow by 5.7 per cent and the services sector by 9 per cent during this period, the survey said, adding that the services sector continues to drive the state's economy. According to the budget estimates for 2025-26, the state's revenue receipts are expected to be Rs 5,60,964 crore, including Rs 4,77,400 crore tax revenue and Rs 33,052 crore non-tax revenue. The state has maintained its fiscal deficit within 3 per cent of GSDP, and it is estimated at 2.7 per cent in 2025-26. Maharashtra continues to remain one of the strongest and most dynamic economies in the country, driven by balanced growth in agriculture, industry and services, large .

New GDP series lifts FY27 growth outlook to 7-7.4%, says CEA Nageswaran

India's GDP growth for FY27 is seen at 7-7.4% under the new series, with risks tilted upward, as strong momentum, reforms and trade deals lift the outlook

GDP growth projection for FY27 revised to 7-7.4% as per new series: CEA

Economy continues to maintain strong growth momentum, supported by broad-based activities, says CEA Nageswaran

Jharkhand's economy projected to grow 5.96% in FY27: Economic Survey

Jharkhand's economy is expected to grow by 5.96 per cent in the 2026-27 fiscal, down from the current year's estimation of 6.17 per cent, according to the state economic survey tabled in the assembly on Saturday. The survey claimed that the economic growth in the 2024-25 fiscal was 7.02 per cent, exceeding the national rate of 6.5 per cent, and marking the fourth consecutive year of growth above 7 per cent. "The real GSDP is expected to reach Rs 3,21,892 crore in 2025-26 and Rs 3,41,064 crore in 2026-27, representing growth of 6.17 per cent and 5.96 per cent, respectively. At current prices, GSDP is projected to cross Rs 5.6 lakh crore in 2025-26 and approach Rs 6.1 lakh crore in 2026-27," the survey said. The survey, tabled in the assembly by Finance Minister Radhakrishna Kishore, stated that per capita income at current prices crossed the Rs 1 lakh-mark for the first time, reaching Rs 1,16,663 in 2024-25. "Projections indicate that per capita income at constant prices is expected

Density alone will not make India's cities globally competitive yet

India is economically urban but not productively so. The Economic Survey flags how weak institutions, not density itself, are holding back cities from realising agglomeration gains

Madhya Pradesh's GSDP estimated to grow at 11.14%: Economic Survey

Madhya Pradesh's Economic Survey forecasts 11.14% GSDP growth, rising per capita income and broad-based gains across sectors, while keeping the fiscal deficit at 4.6% for 2025-26

India's net-zero ambition is clear, but the climate finance gap looms

A NITI Aayog study flags a multi-trillion-dollar climate finance gap, urging institutional reform and new green funding mechanisms to keep India on track for net zero

Wheels are in motion for small businesses, but global challenges remain

Credit reforms and Budget incentives aim to strengthen the MSME sector but persistent payment delays and global tariff uncertainties remain hurdles, reports Raghu Mohan

India's cities need mobility reform, not just infrastructure spending

The Budget puts cities at the heart of growth, but without fixing buses, walking and last-mile links, India's urban mobility crisis will keep choking productivity

Trade deal sweetens FY27 growth arithmetic as exports lift outlook

Economists say the India-US trade deal could lift FY27 GDP growth by 20-40 basis points by boosting exports and reducing uncertainty, though risks from imports remain

India's trade breakthroughs must shift focus now to execution and reform

The 'mother of all trade deals', the Indo-US thaw, and a sensible Budget signal the beginning of the implementation phase

Exim Matters: Trade deals help but competitiveness delivers export growth

As India courts global trade deals like the EU pact, the Economic Survey flags competitiveness-not protection-as the real key to sustainable export growth

Budget 2026: FM allocates ₹5,000 crore to develop tier-II, tier-III cities

Finance Minister Nirmala Sitharaman pitches tier-II and tier-III cities as engines of growth, rolling out reform-linked funding for city economic regions to drive balanced urban development

FY27 growth forecast not contingent on US trade deal, says CEA Nageswaran

CEA V Anantha Nageswaran says industry cannot be protected forever, backs reforms for sustained 7% growth, and stresses innovation and exports as key to India's economic future

As US, UK tighten student visas, India eyes inbound education opportunity

With US, UK, Canada and Australia tightening rules, policymakers see a chance to position India as a credible study destination for foreign students

Metro vs road: What Economic Survey 2026 says about how Indians behave | Union Budget 2026

Why do Indians queue patiently on metros but break rules on roads?

Labour Codes to promote gender parity, workforce formalisation: Eco Survey

New Labour Codes are expected to boost women's workforce participation, narrow wage gaps and accelerate labour market formalisation, the Economic Survey 2025-26 said

Indian households add Rs 53 trillion to equity wealth in five years

Economic Survey data show rising retail ownership and a steady shift towards equity-linked savings