India must grow at 8% for at least 10 years for 'Viksit Bharat': Economic Survey
BUSINESS
India to achieve its goal of 'Viksit Bharat by 2047' will need to grow at around 8% at constant prices for nearly a decade or two, according to the Economic Survey 2024-25. The survey presented by the Finance Minister Nirmala Sitharaman cited the country’s opportunities as well as challenges.
The Indian economy is expected to grow between 6.3% to 6.8% in FY26, according to the survey. Strong domestic economic fundamentals coupled with steady inflation, stable private consumption and a decreasing inflation rate will help the country sustain its growth momentum.