The backdrop against which the Economic Survey 2025-26 has been presented is arguably complicated. The paradoxes confronting the country have been flagged by the Economic Survey. The Survey rightly notes that the economy relies upon capital inflows to maintain a healthy balance of payments. While a weaker currency does impact export competitiveness, the Survey argues that the currency’s valuation “does not accurately reflect India’s stellar economic fundamentals”. As per the Survey, committed expenditures — salaries, pensions, interest payments and subsidies — account for 62 per cent of states’ revenue receipts.

Source: Indian Express January 30, 2026 10:03 UTC