Ahead of Budget 2019, Finance Minister Nirmala Sitharaman tabled her first Economic Survey today. Prepared by the new Chief Economic Adviser Krishnamurthy Subramanian, Economic Survey 2019 lays out the roadmap for the Modi government's next five years. The theme of the Economic Survey 2019 is about enabling a “shifting of gears" to sustained economic growth for objective of $5 trillion by 2024-25. — Investment rate picking up in FY2020 on higher credit growth and improved demand. — Economic Survey provisionally estimates 2.9% growth rate for the agriculture,forestry and fishing sector.

Source: Mint July 04, 2019 07:22 UTC