LIVE: The document provides an insight into the performance of the Indian economy so far, with detailed insights into the health of various sectors.

To become a developed country by 2047, India needs to grow at around 8% for the next decade or two. However, global economic and political conditions will play a crucial role in determining the feasibility of this target,

The Economic Survey of India 2024-25 offers an optimistic outlook for India's economic growth, emphasizing resilience, reforms, and infrastructural progress.

While addressing the elephant in the room, the survey also spoke about the dragon in the room. China, it acknowledged, will have a bearing on the growth projections.

The Indian government's economic report, coming a day ahead of the annual budget, is likely to project GDP growth of 6.3-6.8% in 2025-26, according to two sources familiar with the matter.

GDP growth rate of India is expected to be between 6.3% and 6.8% for the financial year 2025-26. The Economic Survey predicts a decline in food inflation in the last quarter of FY25, aided by seasonal vegetable price drops and the arrival of the kharif harvest.