The CEA highlighted that India’s GDP growth slowed to 6% in the first half of FY25 but is expected to recover in the second half.
He emphasised the long-term challenge of managing the energy transition while ensuring affordable energy security.
The survey, to be presented on Friday (January 31) by Finance Minister Nirmala Sitharaman and drafted by the CEA, outlines India’s economic trajectory amid a slowing growth rate and evolving global dynamics.
As per the CEA’s opinion piece, India must reduce its dependence on fossil fuels while avoiding a new dependency on imports of critical minerals and components required for renewable energy.
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The survey also examines the role of the private sector. The CEA stressed that businesses must balance capital deployment with labour employment to ensure social stability and long-term profitability.
He described the path ahead as requiring “constrained optimisation” of limited resources to maximise output.
The Economic Survey 2025 will address pressing questions, including the trajectory of key interest rates, the impact of AI on job markets and global trade, and how India can respond to uncertainties while accelerating growth.
The report aims to provide insights to help India achieve equitable and inclusive economic development.
With the Union Budget 2025 scheduled for Saturday (February 1), the survey will provide context for policymakers navigating India’s economic landscape.
Catch LIVE updates on Economic Survey 2025 here