With the economy operating close to capacity, the survey notes that structural reforms will be required to lift the investment rate and further improve total factor productivity to achieve faster growth. It projects real GDP growth for FY27 in the range of 6.8-7.2%, while the Union Budget may assume nominal GDP growth of 9.8-10.2%.
Economic Survey 2026: At Near-full capacity, India needs structural reforms for faster growth, says DK Pant, India Ratings
