Budget Economic Survey 2025 Live: Lack of climate finance may force reworking of targets, warns CEA

Budget Economic Survey 2025 Live: Even as the Indian market demonstrates resilience, supported by growing retail participation, the risks associated with a potential US market correction cannot be overlooked, given historical trends, according to the Economic Survey 2024-25.

While India’s financial sector has remained strong, international market conditions could still influence domestic markets. With the US comprising 75% of the MSCI World Index (as of November 2024), any correction in its market could have significant ripple effects on global markets, including India.

The survey, released ahead of the Union Budget, emphasised the need for caution regarding developments in both Indian and global stock markets.

The Economic Survey is expected to forecast a GDP growth of 6.3-6.8% for FY26. According to sources, the survey 2024-25, prepared by Chief Economic Advisor V Anantha Nageshwaran and his team, will be presented in Parliament later today.

India’s GDP growth for the current fiscal year is estimated at a 4-year low of 6.4%, reflecting weak manufacturing and investment performance. This marks a decline from last year’s growth forecast of 6.5-7% and the RBI’s estimate of 6.6%.