India's economy is projected to grow between 6.3 per cent and 6.8 per cent in the next financial year 2025-26, said Economic Survey 2024-25, tabled in Parliament on Friday. The survey, tabled a day before the union budget,

Addressing the slowdown in the economy, CEA Nageswaran pointed out that India ‘still remains the fastest growing large economy in the world’.

Beyond limited funding, India's industrial R&D is concentrated in a few sectors, mainly pharmaceuticals, IT, transportation, defence, and biotechnology. Public sector R&D remains defence-heavy, while futuristic areas like AI,

India needs 78.5 lakh new non-farm jobs annually till 2030 despite improved labour market indicators, Economic Survey 2024-25 reveals.

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.

GDP growth rate of India is expected to be between 6.3% and 6.8% for the financial year 2025-26. The Economic Survey predicts a decline in food inflation in the last quarter of FY25, aided by seasonal vegetable price drops and the arrival of the kharif harvest.

LIVE: The Economic Survey is a pre-budget document detailing the state of the economy over the last fiscal year.