New Delhi, Feb 26 (IANS) The Centre’s strategy of accelerating industrial development has picked up pace, with four National Industrial Corridors already being completed, while another four are nearing completion since the Rs 28,602 crore package was announced for 12 such corridors in 2024-25, according to an official factsheet issued on Thursday.Union Budget 2026-27 has added further momentum to this growth with the Rs 3,000 crore allocation for the development of an integrated East Coast Ind…
Latest Economic Survey 2025-26 News & Updates
New Delhi, Feb 1 (IANS) Senior Congress leader and former Finance Minister P. Chidambaram issued a scathing critique of the Union Budget 2026-27 presented by Finance Minister Nirmala Sitharaman on Sunday, declaring that it “failed the test of economic strategy and economic statesmanship”. In a detailed statement, Chidambaram expressed astonishment at the budget speech, arguing that it disregarded the major challenges highlighted in the Economic Survey 2025-26 and relied instead on a barrage of a…
Mumbai, Jan 31 (IANS) India’s stock exchanges will hold a regular live trading session on the Union Budget 2026-27 on February 1, despite being a Sunday.Historically, Budget presentations were done on February 1 while markets have opened for trading even when the date fell on a weekend.Finance Minister Nirmala Sitharaman will present the Union Budget 2026‑27 at 11 am in the Lok Sabha on February 1.The National Stock Exchange said in a circular that “On account of the presentation of the Unio…
New Delhi, Jan 30 (IANS) Political reactions poured in on Friday after Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2025-26 in Parliament, with leaders across parties offering sharply contrasting assessments of the country’s economic trajectory, growth projections and sectoral challenges.Welcoming the findings, Uttar Pradesh Minister Anil Rajbhar highlighted India’s rapid rise in global economic rankings.“Facing the challenges of the Covid era, India became the worl…
New Delhi, Jan 30 (IANS) As India gears up to table the Union Budget 2026-27 in Parliament on February 1, investors are likely to be focused on the debt metrics, deficit outcome and scheduled borrowings for the next year Budget to align with strategic objectives, a report showed on Friday.The size of borrowings will be an important consideration for the bond markets, said a note by DBS Bank.“Given our underlying math and deficit target, we expect FY27 net borrowings to rise to Rs 12 lakh crore…
New Delhi, Jan 29 (IANS) The Economic Survey 2025-26 paints a clear and encouraging picture of India’s economic journey, describing it as a fast-moving “Reform Express” making steady progress even as the world faces uncertainty, Prime Minister Narendra Modi said on Thursday.Prime Minister Modi said that the Survey, tabled in the Parliament earlier in the day, reflects the strength of India’s economic foundations and the government’s continuous efforts to drive growth, innovation and inclus…
New Delhi, Jan 29 (IANS) The promise of building India’s urban future lies in making our cities economically dynamic, socially inclusive, environmentally sustainable, and institutionally capable, the Economic Survey 2025-26 said on Thursday.According to the Survey, tabled in the Parliament by Finance Minister Nirmala Sitharaman, future urban policy must prioritise system performance over standalone projects — integrating housing, mobility, sanitation, climate resilience, and finance — whil…
New Delhi, Jan 29 (IANS) The way forward for India’s pension ecosystem lies in a calibrated expansion of both contributory and non-contributory schemes, the Economic Survey 2025-26 said on Thursday, adding that engagement with state governments, cooperatives, farmer networks, and gig-platform companies can ensure last-mile reach. The Pension Fund Regulatory Development Authority (PFRDA) has laid the groundwork for a vibrant pension system, offering a range of options for its users and covering a…
New Delhi, Jan 29 (IANS) A key message emerging from the Economic Survey 2025-26 is the importance of regulatory quality, state capacity, and sustained deregulation as enablers of medium-term growth, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) said on Thursday.The Survey offers a balanced and realistic appraisal of India’s macroeconomic conditions, investment trends, labour market developments and external sector performance, set against a backdrop of global uncertaint…
New Delhi, Jan 29 (IANS) Finance Minister Nirmala Sitharaman on Thursday said the Economic Survey 2025-26 reflects the healthy banking fundamentals, achieved due to the various banking reforms undertaken by Prime Minister Narendra Modi’s government in the last decade.The Gross Non-Performing Asset (GNPA) ratio of scheduled commercial banks has fallen to a multi-decadal low of 2.2 per cent as of September 2025, marking a clear break from earlier stress cycles, the Finance Minister said in a ser…