Economic Survey 2026: India’s new normal growth is now 7%.

Economic Survey 2026 : Finance Minister Nirmala Sitharaman presented the Economic Survey 2025-26 in the Lok Sabha on Thursday. The Economic Survey stated that India’s medium-term potential growth rate was estimated at 6.5% in the Economic Survey 2022-23. Now, after the reforms of the past few years, it is clear that India’s productive capacity has strengthened, and this growth potential is now touching the 7% mark.

That is, a 7% growth rate is now the new normal.The government stated in the Economic Survey that the financial year 2025-26 (FY26) was quite challenging for the economy on the external front. Increasing uncertainty in global trade and high tariffs put pressure on our exporters and manufacturers.

However, India transformed this crisis into an opportunity. Before the Economic Survey, PM Modi said that the country’s attention is naturally focused on the budget. But this government has been identified with reform, implementation, and transformation.

We have now accelerated the ‘reform express’. I express my gratitude to all the Members of Parliament for their positive contribution in giving momentum to this ‘reform express’. As a result, the ‘reform express’ is gaining speed.

In the Economic Survey, the government stated that credit guarantee schemes for small industries have been expanded, and access to credit for MSMEs has been increased. The government said that the strengthening of balance sheets shows that the financial health of Indian households, companies, and banks is now healthier than ever before.

The balance sheets of the corporate and banking sectors are now stronger than ever, leading to increased investment.

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