INDIA’S GDP GROWTH FOR FY26 IS ESTIMATED AT 7.4 PER CENT DRIVEN BY THE DOUBLE ENGINE OF CONSUMPTION AND INVESTMENT

• Economic Survey 2025-26, tabled in Parliament by FM Nirmala Sitharaman on 29 January 2026, projects real GDP growth at 7.4% for FY26, retaining India's status as the fastest-growing major economy for the 4th consecutive year.
• Growth is driven by a "double engine" of private consumption and investment, with Private Final Consumption Expenditure (PFCE) at 61.5% of GDP — highest since 2012.
• Authored under CEA Dr. V. Anantha Nageswaran (Department of Economic Affairs, Ministry of Finance); precedes the Union Budget.
• High UPSC relevance for GS-III (Indian Economy) and Prelims current-affairs MCQs on sectoral growth, NPAs, exports, and FTAs.