RAS question
What is India's estimated GDP growth rate for FY26 as per the Economic Survey 2025-26?
Correct answer: (B) 7.4%.
As per the Economic Survey 2025-26, India's estimated GDP growth rate for FY26 is 7.4%, driven by the double engine of consumption and investment.
Explanation
The Economic Survey 2025-26 estimates India's FY26 GDP growth at 7.4%. The reason the answer is 7.4% is not just that it is the stated survey figure; the explanation attached to the survey identifies consumption and investment as the two drivers behind that estimate. In exam terms, this is a direct current-economy fact: the Survey's growth estimate is paired with its macroeconomic rationale, so the number and the phrase 'double engine of consumption and investment' must be read together. The cited PIB Economic Survey page also lists the official release with the same 7.4 per cent figure and the same consumption-investment driver, confirming option B.
Why the other options are wrong
- (A) 6.5% is below the Economic Survey 2025-26 estimate and does not match the stated 7.4% GDP growth figure for FY26.
- (C) 8.0% overstates the FY26 estimate, because the survey-backed figure in the question's explanation and the cited PIB page is 7.4%.
- (D) 6.8% is not the FY26 GDP growth estimate asked here; the grounded figure for FY26 in the Economic Survey 2025-26 is 7.4%.
Concept
This tests Economic Survey-based macroeconomic indicators, especially annual GDP growth estimates and their demand-side drivers. RAS repeats such facts because they connect current affairs with core Indian Economy concepts like consumption, investment and growth projections.