New consumer basket, expanded markets & digital datasets aim to make inflation estimates more representative, says MoSPI Secretary Saurabh Garg. Henceforth, MoSPI aims to revise base yr every 5 yrs.
Economic Survey 2025-26 presents a picture of an economy that is stronger, more resilient. But it also makes one thing clear: India’s biggest challenge now is execution.
Most poor countries that experimented with democracy failed to sustain it. While some collapsed into military rule, others slid into one-party states or ethnic autocracies.
The Modi govt shifted the burden of investing for growth from companies to the public sector. The share of government capital spending in GDP terms has doubled since 2014.
The latest World Economic Forum outlook for the year shows a modest improvement in confidence, but mounting concerns over debt, AI-driven volatility and a fractured trade order.
China’s exports to India have grown by 13.46 per cent between the first nine months of the 2024-2025 financial year and the 2025-26 financial year, according to the latest trade data.
In 1980, South American countries exhibited similar income levels, with Venezuela ranking among the more affluent economies. By 2023, this landscape had significantly altered.
As the era of easy money ends, the gap between the ability to borrow and the credibility to do so will define fiscal resilience. India still has the chance to strengthen both.
GDP measures only the size of an economy. India’s economy must have more depth, more domestic industries, and faster income growth at the bottom, as China has achieved.
Contrary to naysayers, the RSS practices what it preaches. It is closer to the Gandhian teaching of improving the individual morally and spiritually to change the external environment.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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