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आर्थिक सर्वेक्षण

भारत आर्थिक सर्वेक्षण 2026-27

Inclusive Growth and Fiscal Consolidation

मुख्य आर्थिक सलाहकार: V. Anantha Nageswaran
प्रस्तुत: 31 जन॰ 2026

जीडीपी वृद्धि (वास्तविक)

डेटा लंबित

पूर्वानुमान: 6.3-6.8%

मुद्रास्फीति (सीपीआई)

4.2%

उपभोक्ता मूल्य सूचकांक

थोक मुद्रास्फीति (डब्ल्यूपीआई)

1.8%

थोक मूल्य सूचकांक

राजकोषीय घाटा

4.3% जीडीपी

केंद्रीय बजट (बजट अनुमान)

मुख्य विषय

Inclusive Growth and Fiscal Consolidation

प्रमुख विशेषताएं

  • GDP growth projected at 6.3-6.8% for FY27
  • CPI inflation expected to moderate to 4.2%
  • Current account deficit contained at 1.2% of GDP
  • Capital expenditure push continues with emphasis on infrastructure
  • Private investment recovery gaining momentum
  • Digital economy and fintech driving financial inclusion
  • Agriculture sector resilient despite monsoon variability
  • Services sector remains the growth engine at 7.2% growth
  • Manufacturing sector growth at 5.8% supported by PLI schemes
  • Fiscal deficit on consolidation path towards 4.5% of GDP

नीतिगत सिफारिशें

  • 1 Continue fiscal consolidation while maintaining capital expenditure
  • 2 Strengthen social safety nets and employment generation
  • 3 Accelerate disinvestment and asset monetisation pipeline
  • 4 Deepen corporate bond market for infrastructure financing
  • 5 Enhance agricultural productivity through technology adoption
  • 6 Expand PLI schemes to labour-intensive sectors
  • 7 Simplify GST structure and improve compliance
  • 8 Invest in green energy transition and climate resilience
  • 9 Strengthen MSME sector through credit access and digital tools
  • 10 Reform land and labour markets to attract FDI

सर्वेक्षण अनुमान बनाम बजट परिणाम

आर्थिक सर्वेक्षण की भविष्यवाणियों और वास्तविक केंद्रीय बजट आवंटन के बीच तुलना

संकेतकसर्वेक्षण अनुमानवास्तविक बजटविचलन
GDP Growth (%)6.3-6.86.5 (assumed)Within range
Fiscal Deficit (% of GDP)4.44.3-0.1%
CPI Inflation (%)4.24.5 (target)+0.3%
Capital Expenditure (Rs Lakh Cr)11.512.2+Rs 0.7 Lakh Cr

केंद्रीय बजट 2026-27 सारांश

आर्थिक सर्वेक्षण के साथ पढ़ने के लिए संबंधित बजट डेटा बजट अनुमान

कुल प्राप्तियां

36.52 लाख करोड़

कुल व्यय

53.47 लाख करोड़

राजकोषीय घाटा

16.96 लाख करोड़

राजस्व घाटा

5.92 लाख करोड़

केंद्रीय बजट 2026-27 विस्तार से देखें

विस्तृत विश्लेषण

The Economic Survey 2026-27 was presented in Parliament by the Finance Minister on January 31, 2026, a day before the Union Budget. The Survey, prepared under the guidance of Chief Economic Adviser V. Anantha Nageswaran, provides a comprehensive assessment of the Indian economy. The Survey projects GDP growth at 6.3-6.8% for FY27, reflecting continued momentum in the Indian economy despite global headwinds. The growth is expected to be driven by strong domestic consumption, rising private investment, and continued government capital expenditure. On the inflation front, the Survey notes that CPI inflation has moderated to around 4.2%, within the RBI's target band, aided by prudent monetary policy and improved supply chain management. WPI inflation remains contained at 1.8%. The external sector has shown resilience with the current account deficit contained at 1.2% of GDP. Foreign exchange reserves remain comfortable, providing adequate import cover. The Survey highlights the growing role of services exports, particularly in IT and business services, in supporting the external balance. The fiscal position continues to improve with the government maintaining its consolidation path. The Survey recommends continued focus on fiscal discipline while ensuring adequate capital expenditure for infrastructure development. Revenue mobilisation through GST rationalisation and improved compliance remains a priority. The Survey dedicates significant attention to the digital economy, noting the transformative impact of UPI, Aadhaar-based service delivery, and the growing fintech ecosystem. It recommends leveraging digital infrastructure for further financial inclusion and governance efficiency. On the employment front, the Survey notes positive trends in formal sector employment, driven by EPF/ESIC enrolments and the gig economy expansion. However, it emphasises the need for continued skill development and labour market reforms. The agricultural sector is highlighted for its resilience, with the Survey recommending increased investment in irrigation, cold chain infrastructure, and crop diversification. The PM-KISAN scheme and other direct benefit transfers have improved farmer income support. The Survey concludes with a cautiously optimistic outlook, noting that India is well-positioned to be among the fastest-growing major economies, but warns against complacency given global uncertainties including geopolitical tensions, commodity price volatility, and climate-related risks.

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