Economic Survey sees GDP growth at 6.8–7.2% next fiscal

New Delhi: The Economic Survey on Thursday projected the GDP growth in the range of 6.8 to 7.2 per cent in 2026-27, a tad lower than 7.4 per cent estimated in the current fiscal.

"The outlook, therefore, is one of steady growth amid global uncertainty, requiring caution, but not pessimism," said the pre-Budget document tabled in the Lok Sabha.

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The growth projection has taken into consideration the cumulative impact of policy reforms over recent years that appear to have lifted the economy's medium-term growth potential closer to 7 per cent.

"With domestic drivers playing a dominant role and macroeconomic stability well anchored, the balance of risks around growth remains broadly even," it said.

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The survey is tabled ahead of the Union Budget and presents a backdrop for the policy actions to be taken in the next financial year.

It will set the broad macroeconomic and policy priorities for the government at a time when the global economy is facing heightened geopolitical uncertainty and fragmentation.