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Economic Survey 2024-25: Services, debt improve external situation

Unemployment rates in urban and rural areas have declined

growth gdp economy

Yash Kumar SinghalShikha Chaturvedi

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Services, debt improve external situation
 
Economic growth may stabilise at 6.3-6.8 per cent in FY26, according to the Economic Survey. Services and debt have made the external situation less vulnerable even as the global environment remains uncertain.   
 
Workforce skills remain a concern
 
Unemployment rates in urban and rural areas have declined. However, the education and skill landscape remains a concern, with over 90 per cent of the workforce having at most secondary education, leading to a dominance of “low-competency occupations”­. Skill disruption due to AI looms large. 
 

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First Published: Feb 01 2025 | 12:31 AM IST

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