Foreword
The Indian Economic Survey presents a detailed analysis of our
economy's performance during FY 2025–26, reaffirming that
India stands for stability in a world that is increasingly complex,
volatile, and uncertain. The Survey projects a growth trajectory of
6.8% to 7.2% for FY 2027, anchored in a strategic shift from
traditional 'Import Substitution' to 'Strategic
Indispensability'.
A prominent theme in the Survey is the government's
continued progress toward a data-driven taxation mechanism. India
has advanced from an enforcement-led model to one centred on
data-driven compliance, supported by NUDGE - Non-intrusive Usage of
Data to Guide and Enable - which aims to influence taxpayer
behaviour rather than rely on enforcement or litigation. This
transition has led to a widening of the tax base, with income tax
returns filed rising to 9.2 crore in FY 2025.
