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New Delhi, Jan 31 (PTI) The Economic Survey is likely to project a 6.3-6.8 per cent GDP growth for the next fiscal year, sources said.
The Survey 2024-25, authored by Chief Economic Advisor V Anantha Nageshwaran and his team, will be tabled in Parliament this afternoon.
India's GDP is projected to grow at a 4-year low pace of 6.4 per cent in the current fiscal on weak manufacturing and investments, as per estimates of the National Statistics office.
This is lower than the growth projected in last year's Economic Survey of 6.5-7 per cent and the Reserve Bank of India's 6.6 per cent estimate.
The Economic Survey, tabled every year a day ahead of the Union Budget, gives a broad roundup on macroeconomic performance of the ongoing fiscal and a glimpse of how the next fiscal is likely to pan out. PTI RR JD DP DRR
GDP growth projection signals moderate expansion next fiscal as Economic Survey anticipates slower current-year momentum. The Economic Survey projects mid-range GDP growth for the next fiscal while noting the current fiscal's multi year low growth attributed to weak manufacturing and investment, and contrasts this outlook with prior Survey and official estimates to inform the Union Budget.Press 'Enter' after typing page number.