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    <title>Economy on stable footing, likely to expand by 6.8-7.2 pc in FY27: Survey</title>
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    <description>Projected GDP growth for the next fiscal year is placed at 6.8-7.2 percent due to cumulative policy reforms and rising medium term potential. The Survey characterises the rupee as undervalued-helpful for export offset but deterring investment-and stresses the need for a strong, stable currency aligned with strategic objectives. It reports progress on fiscal consolidation toward a 4.4 percent fiscal deficit target, moderate external balances with a 0.8 percent CAD, and underscores that maximising benefits from free trade agreements requires enhanced domestic competitiveness.</description>
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