Nirmala Sitharaman said India's macroeconomic base is strong, and also responded to global challenges.

The Finance Minister said that our macroeconomic fundamentals are stronger than ever. India has remained on a high growth path despite global headwinds.

 

Nirmala Sitharaman said India's macroeconomic base is strong, and it can also respond to global challenges.

Economic Survey 2026: Union Finance Minister Nirmala Sitharaman said on Thursday that India's macroeconomic foundation is stronger than ever before. She said that the country has successfully addressed global challenges, which has led to India's potential GDP growth rate rising to 7 percent.

 

In a world marked by geopolitical fragmentation and economic turmoil, India has emerged as a global shining star that is strong, stable, and constantly on the move, the finance minister said in a post on the social media platform 'X' after presenting the Economic Survey 2025-26 in Parliament.

India is emerging stronger than ever before

The Finance Minister stated that our macroeconomic fundamentals are stronger than ever. Despite global headwinds, India has remained on a high growth path. We have improved our potential GDP growth rate to 7 percent. According to the Economic Survey, the Indian economy has maintained strong momentum even amid global uncertainties. The Survey projects India's GDP growth rate for the next fiscal year to be in the range of 6.8 percent to 7.2 percent.

 

According to estimates from the National Statistical Office (NSO), the Indian economy grew at a rate of 7.4 percent in the current fiscal year. India has remained the world's fastest-growing major economy for the fourth consecutive year. The review raised the country's potential growth forecast to 7 percent from 6.5 percent three years ago.

Exports up to $100 billion

The Economic Survey report said that the world's second-largest agricultural producer by value could take its exports of agriculture, marine, and food and beverages to US$100 billion in the next four years.

It also warned that frequent policy changes could disrupt supply chains, increase uncertainty, and force foreign buyers to turn to alternative sources, making it difficult to regain lost export markets.