Economic Survey Highlights: A day before the Union Budget, Union Finance Minister Nirmala Sitharaman tabled the Economic Survey in both Houses of Parliament Thursday. The Survey projected the GDP growth for 2019-20 at 7 per cent, up from 6.8 per cent in the previous fiscal. The fiscal deficit estimate for 2018-19 has been retained at 3.4 per cent of the GDP, same as projected in the interim Budget. Prepared by Chief Economic Advisor Krishnamurthy Subramanian, the Survey highlights the challenges in the country and point to possible solutions.
Explained | Why the Economic Survey matters
The annual report of the Indian economy for the year 2018-19 also comes at a time when some critics say the Modi government in its first term delivered a job less growth and it needed to re-invent to propel the economy and create jobs.