Economic Survey: India's Growth at 7% for Sixth Year, Inflation Benign

• India's economy is projected to grow at 7% for the sixth consecutive year, as per the Economic Survey released on January 29.
• The survey forecasts growth between 6.8% and 7.2% for the upcoming year, urging caution but not pessimism.
• It advises the government to focus on building resilience and fostering innovation for 'Viksit Bharat' rather than quick fixes.
• Inflation is expected to remain benign, even if it reaches target levels, according to the Economic Survey.
• The services sector continues to be a crucial pillar for the economy, particularly in job creation, and Indian cities need to develop to match global standards.

Why It Matters: India's economy shows robust 7% growth, with benign inflation and focus on long-term resilience.