Budget-2025 To Focus On $5-Trn Economy Goal

New Delhi: India’s goal of becoming a $5 trillion economy calls for policies that promote sustainable and inclusive growth and the Union Budget 2025-26 can act as a catalyst for growth, while ensuring equity and efficiency in the economy, a pre-budget survey showed on Wednesday. As India prepares for the Budget, the economic outlook remains positive, reflecting a shared confidence among businesses in the nation’s growth trajectory.

Grant Thornton Bharat’s pre-budget survey showed that India is on track to become the fourth-largest global economy by 2026. The majority of survey respondents expect economic growth between 6-6.9 per cent in FY 2025-26, while 22 per cent anticipate a stronger growth rate of 7-7.9 per cent.

Significant growth drivers include EoDB reforms (68 per cent), inflation and monetary policy management.