Economic Survey 2025 predicts 6.3%-6.85 GDP in FY26
Economic Survey 2025 predicts 6.3%-6.85 GDP in FY26
Economic Survey 2025 predicts 6.3%-6.85 GDP in FY26
In addition to data-driven assessments, the survey often provides policy recommendations aimed at improving economic efficiency and fostering growth. Over the years, it has adopted thematic approaches, focusing on topics such as behavioral economics, digital transformation, or climate resilience to frame discussions on policy and reform.
AIBEA reiterated its opposition to the privatization of public sector banks, particularly calling for the government to retain a minimum 51% stake in IDBI Bank. The letter also urged Bank of Baroda to merge its subsidiary, Nainital Bank, rather than selling it. Additionally, the association raised concerns about aggressive cross-selling of insurance products by banks, calling for a renewed focus on core banking services.
The capital infusion has been a critical component of the government’s strategy to revive the banking sector, which faced challenges due to rising NPAs and economic slowdowns. The funds have been utilized for provisioning against bad loans, supporting mergers, and meeting regulatory capital requirements.
The industry is hopeful that the government will announce a slew of measures to boost consumption by ensuring more money in the hands of people, boosting capital expenditure, giving relief to the housing sector and technological innovations.
In the heart of India’s bustling digital economy, a quiet revolution is underway. Cryptocurrencies, once dismissed as a speculative fad,
The government currently holds a majority stake in 12 public sector banks, with ownership exceeding 90% in four of them:
EY anticipates significant reforms to simplify the tax system and improve taxpayer services, reduce litigation, and enhance tax compliance. Key suggestions include: