Latest Economic Survey News & Updates

New Delhi, Feb 2 (IANS) Union Agriculture and Farmers’ Welfare Minister Shivraj Singh Chouhan said on Monday that over the past five years, the country’s agriculture and allied sectors have recorded an average annual growth rate of 4.4 per cent, which is higher than the global average.Citing data from the Economic Survey, he said that during the decade from financial year 2016 to 2025, the agricultural sector posted a decadal growth rate of 4.45 per cent, the highest compared to previous decades…

Patna, Feb 2 (IANS) The Nitish Kumar government on Monday presented the Economic Survey 2025–26 in the Bihar Legislative Assembly, outlining steady growth across sectors and setting an ambitious target of making Bihar a developed state within the next five years. After tabling the survey, Finance Minister Bijendra Prasad Yadav said the government is moving rapidly towards this goal and that the upcoming Budget would reflect this vision.“Chief Minister Nitish Kumar’s resolve is to make Biha…

Mumbai, Feb 2 (IANS) In view of the adverse impact of the growing problem of digital addiction among children and its impact on their mental and physical health, the Maharashtra Minister for Information Technology Ashish Shelar on Monday directed the Information Technology Department to appoint a task force of experts to conduct an in-depth study of the issue and recommend effective remedial measures.The Minister quoted from the Economic Survey 2025–26, released by the Union Ministry of Financ…

New Delhi, Feb 1 (IANS) BJP MP Kangana Ranaut on Sunday said that Finance Minister Nirmala Sitharaman presenting the Union Budget 2026 for the record ninth consecutive time is “wholesome” and particularly “satisfying” for women. Kangana Ranaut, Lok Sabha MP from Mandi, also stated that the government’s focus on promoting tourism in Himachal Pradesh and the Northeast reflects a “revolutionary thought.”Speaking to IANS outside Parliament, Kangana Ranaut said, “The budget is quite wholesome. I …

Shivamogga (Karnataka), Feb 1 (IANS) Karnataka BJP state president and MLA B.Y. Vijayendra said that Union Finance Minister Nirmala Sitharaman has presented a budget that aligns with Prime Minister Narendra Modi’s vision of a Viksit Bharat and supports the country’s overall development.Speaking to the media after watching the presentation of the Union Budget on Sunday in Shivamogga, Vijayendra said the budget had been framed around three key pillars — enhancing productivity, fulfilling the …

New Delhi, Jan 31 (IANS) As Finance Minister Nirmala Sitharaman gears up to table the Union Budget 2026-27 in Parliament on February 1, economists say the emphasis this year will be on defence, infrastructure, capex, power, and higher growth in affordable housing, apart from balancing social welfare with fiscal prudence.Besides, policymakers will also balance growth priorities with fiscal discipline amid heightened global uncertainty.The Budget is likely to strike a deft balance of sustaining gr…

Mumbai, Jan 31 (IANS) The Indian equity benchmarks gained around 1 per cent during the week, though the trading sessions were volatile but with a cautiously constructive tone amid mixed global cues and rising geopolitical tensions.Risk appetite weakened toward the end of the week ahead of the Union Budget 2026-27, with volatility resurfacing amid sustained FII outflows and rupee depreciation leading to losses in the last trading session.Nifty added 1.09 per cent during the week and dipped 0.39 p…

New Delhi, Jan 30 (IANS) India’s foreign exchange reserves increased by $8.053 billion in the week ended January 23 — reaching an all-time high of $709.413 billion, according to data released by the Reserve Bank of India (RBI) on Friday.The previous all-time high for the country’s foreign exchange reserves was $704.89 billion, registered in September 2024.According to the RBI data, the value of Foreign Currency Assets (FCA), the largest component of the reserves, increased by $2.367 billion t…

New Delhi, Jan 30 (IANS) Congress President Mallikarjun Kharge on Friday accused the Central government of “systemically weakening” the RTI Act and failure to implement a UPA-era law that sought to protect truth-seekers and the activists from attacks.Kharge criticised the government for delivering identical fatal blows to the rural job scheme and the transparency law, seeking a “re-examination” of the Right to Information Act as suggested by the latest Economic Survey.“After killing MGNREG…

Mumbai, Jan 30 (IANS) The government may propose the introduction of the Banking Governance Bill on February 1, 2026, in the Union Budget presentation, a move aimed at enabling public sector banks (PSBs) finance large projects by themselves.The draft legislation is expected to make PSUs more professional, competitive, and technology‑driven, as well as strengthen board composition and improve accountability, NDTV Profit reported, citing sources.The government may also separately consider raisin…