Brief Summary
This video is a comprehensive guide to the Economic Survey 2025-2026, presented in an easy-to-understand MCQ format. It covers key aspects like GDP growth rate, GVA, foreign exchange reserves, and important government schemes. The presenter also explains basic economic concepts and provides tips on how to access study materials.
- India's real GDP growth rate for FY26 is estimated at 7.4%.
- The projected real GDP growth rate for FY27 is between 6.8% and 7.2%.
- India's foreign exchange reserves are approximately $701.4 billion USD.
Introduction to Economic Survey 2026
The presenter, Devasheesh Awasthi, introduces the topic of Economic Survey 2026 and its importance for exams. He mentions that the lecture will cover important MCQs from the survey. He also promotes a current affairs booklet covering July 2025 to Feb 2026, containing 1700 MCQs with descriptive answers and images. The booklet is available for purchase via WhatsApp or the Devasheesh Classes app.
What is Economic Survey?
The Economic Survey is described as an annual report card of the Indian economy, providing data, trends, and analysis. Unlike the budget, which focuses on future expenditures, the Economic Survey analyzes past performance, including growth, inflation, and job data. It's prepared by the Economic Division under the Department of Economic Affairs, supervised by the Chief Economic Advisor (currently V. Anantha Nageswaran). The Finance Minister presents it in Parliament a day before the Union Budget. This year's survey has 15 chapters and was released on January 29th.
India's Real GDP Growth Rate
As per the Economic Survey 2025-2026, India's real GDP growth rate for FY26 is estimated at 7.4%. Real GDP is the total production value minus inflation. The survey mentions a "Goldilocks phase," indicating a balanced situation with good growth and low inflation.
Projected Real GDP Growth Rate for FY27
The projected real GDP growth rate for FY27 is in the range of 6.8% to 7.2%. This is a forecast of future values.
Projected GVA Growth Rate for FY26
The projected GVA (Gross Value Added) growth rate for FY26 is 7.3%. GVA is the value producers add to the economy. The relationship between GDP and GVA is: GDP = GVA + Taxes - Subsidies.
Indian Foreign Exchange Reserve
India's foreign exchange reserves are approximately $701.4 billion USD. This is an important indicator of external stability.
Indian Services Export Record
Indian services exports reached a record level of $387.6 billion USD, the highest so far.
Total Jan Dhan Bank Accounts
Approximately 55.02 crore Jan Dhan bank accounts have been opened. Of these, 36.63 crore are from rural and semi-urban areas. This scheme, known as the Banking Revolution, has brought formal banking to many.
India's Global Share in Services Export
India's global share in services export increased to 4.3%. In 2005, it was 2%.
Total Number of Employed Persons in India
The total number of employed persons in India, including both formal and informal sectors, is approximately 56.2 crore.
India as Largest Recipient of Remittances
India remains the world's largest recipient of remittances, receiving about $135 billion USD in FY25. Remittances are money sent by Indians working abroad.
Average Headline CPI Inflation
The average headline CPI (Consumer Price Index) inflation during April to December 2025 was 1.7%. Headline CPI includes food and fuel, impacting the common person.
Reasons for Moderation in Inflation
The moderation in inflation in FY25 was mainly due to the fall in food and fuel prices. These have a significant weight in the CPI basket.
Gross NPA Ratio for Scheduled Commercial Banks
The gross NPA (Non-Performing Assets) ratio for scheduled commercial banks in September 2025 was 3.2%. NPAs are loans not repaid for over 90 days.
Net NPA Ratio for Scheduled Commercial Banks
The net NPA ratio for scheduled commercial banks in September 2025 was closest to 0.7%. Net NPA is gross NPA minus provisions made by banks.
India's Estimated Food Grain Production
India's estimated food grain production in annual year 24-25 is 357.7 million metric tons.
Segment Exceeding Food Grain Production
Horticulture (vegetables, fruits, spices, flowers) now exceeds food grain production in total output.
Production Linked Incentive Scheme
The Production Linked Incentive (PLI) scheme currently covers 14 sectors. This scheme aims to boost domestic manufacturing. The presenter also promotes a topic-wise current affairs booklet for the past year, available via WhatsApp or the Devasheesh Classes app.
Rural Electrification in India
Rural electrification in India reached approximately 99% by October 2025.
India's National Highway Network Length
India's national highway network length increased to about 1.46 lakh km by FY26 (up to December 2025).
Number of Operational Airports in India
The number of operational airports in India increased from 74 in 2014 to 164 in 2025.
India's Rank in Domestic Aviation Market
India is currently the world's third-largest domestic aviation market, behind the USA and China.
India's Rank in Global Innovation Index
According to the Economic Survey, India's rank in the Global Innovation Index 2025 is 38th, improved from 66th in 2019.
Recognition of Workers Category
The new labor codes formally recognize gig and platform workers, who are app-based workers in delivery and ride services.
Gross Enrolment Ratio at Primary Level
As per UDISE 2024-25, the gross enrolment ratio at the primary level in India is closest to 90.9%. Gross enrolment ratio can be over 100% due to underaged and overaged enrollments.
Decline in India's Maternal Mortality Rate
Since 1990, India's maternal mortality rate has declined by about 86%. Maternal mortality rate is maternal deaths per lakh live births.
Autonomous Satellite Docking
India became the fourth country to achieve autonomous satellite docking, a part of the Spadex mission. The other three countries are USA, Russia, and China.
Economic Survey Highlights and Exam Tips
The presenter summarizes the key points from the Economic Survey, including GDP growth, inflation, and banking sector details. He also mentions the importance of current affairs, static GK, and MCQs for exam preparation. He promotes a combo course covering these aspects, available on the Devasheesh Classes app with a coupon code for a 40% discount. The presenter encourages viewers to like the video, share it with friends, and subscribe to the channel for more lectures.
