The survey highlights that the country's economic fundamentals remain strong, supported by a stable external account, fiscal consolidation, and private consumption.

Coming a day before the presentation of Union Budget 2025, the Economic Survey will set the tone for Narendra Modi government's fiscal priorities and give insight into the state of the Indian economy.

According to the survey, India's colocation data centre capacity reached 977 MW in 2023. An additional capacity of 258 MW led to a 105 per cent year-on-year growth.

The Indian government's economic report, coming a day ahead of the annual budget, is likely to project GDP growth of 6.3-6.8% in 2025-26, according to two sources familiar with the matter.

GDP growth rate of India is expected to be between 6.3% and 6.8% for the financial year 2025-26. The Economic Survey predicts a decline in food inflation in the last quarter of FY25, aided by seasonal vegetable price drops and the arrival of the kharif harvest.