Economic Survey 2025–26 Preface: Towards an Entrepreneurial State in an Uncertain World

The Economic Survey 2025-26 Preface talks about the world India is dealing with today in a way. The Economic Survey 2025-26 Preface says that the global economy is very unpredictable. There are problems like conflicts and financial instability and climate challenges and technology that is changing very fast.

In these times the Economic Survey 2025-26 suggests that the government of India cannot just sit back and do nothing. The Economic Survey 2025-26 says that the government of India must take action and be like an Entrepreneurial State. The Entrepreneurial State should help India to grow and be innovative and strong. The Economic Survey 2025-26 Preface is about the Economic Survey 2025-26 and what the government of India should do according to the Economic Survey 2025-26.

A Difficult Global Environment

The Preface says it straight. The world is getting tougher. A lot of economies are not doing well, people are not sure where to invest and it is hard to get things from one place to another.. India is doing a little better than others. This is because people in India are spending money the government is investing in things and services like healthcare and education are strong. So the main point is that India should focus on what it’s good at and be careful about what is happening outside the country. India needs to remember this to keep moving.

What the Entrepreneurial State Means

  • An Entrepreneurial State is not about being in charge of everything. It is about helping and supporting businesses to grow and thrive. The Survey explains this by looking at the things:
  • Public investment in infrastructure and manufacturing to reduce risks for private players
  • We need to think about policies that are based on missions. These policies should focus on what’s good for our nation, in the long run. We are talking about term national goals here and the policies should be made to achieve these long-term national goals. The main idea is to have policies that help our nation and these policies should be focused on our goals.
  • Partnerships with the private sector to encourage innovation and job creation

Importance of Institutions and Policy Clarity

The Preface says that wanting to do something is not enough. We need institutions and simple rules to make things work. We also need to be able to get approval and have policies that do not change all the time. The World Bank says that entrepreneurship needs these things to work. Investing in people’s skills in technology and in public infrastructure is also very important, for growth that includes everyone for entrepreneurship to really work and for inclusive growth.

Growth with Stability

The Survey is telling us that we need to be innovative. We also have to make sure our economy is stable. This means we have to be careful with our money and keep our system in good shape. When the financial system is stable businesses feel safe to try things and take risks with the Survey. The Survey says that we need to keep our economy stable so that businesses can trust the system and take risks with the Survey.

Overall, the Economic Survey 2025–26 Preface presents a balanced vision—a supportive and capable state that helps markets grow, shares risks wisely, and keeps the economy stable in an uncertain world.

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About the Author: Jyoti Verma

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