<h1>India's Economic Growth Slows Amid Global Uncertainty; Reforms Needed in Land and Labor for 8% Growth Target</h1> The Chief Economic Adviser highlighted that the slowdown in India's economic growth is due to external factors, with the decline of globalization's benefits amid geopolitical and policy uncertainties. The government's Economic Survey projects a growth rate of 6.3-6.8% for the upcoming fiscal year, which is insufficient for achieving the target of becoming a developed nation by 2047. To stimulate growth, India needs deregulation and reforms in land and labor sectors. The survey emphasizes the need for an 8% growth rate and an increase in the investment rate to 35% of GDP to meet long-term economic goals.