In an attack on the Economic Survey released by the government on Thursday, senior Congress leader and former finance minister P Chidambaram said that the government seems to be ‘pessimistic about the economy’“It appears to me that the government, speaking through the Economic Survey, is pessimistic about the economy,” he said soon after Finance Minister Nirmala Sitharaman tabled the survey in Parliament, a day before the union Budget. “The Economic Survey 2018-19 is the first of the new government and the first under the new Finance Minister, Ms Nirmala Sitharaman. The first sentence of Volume-1, Chapter 01 is self-congratulatory (“During the last five years, India’s economy has performed well.”). Also Watch | Mint Budget Round-Table: How Modi govt can achieve $5 trillion economy aimChidambaram added that there were no growth projections sector wise. The survey states that the huge political mandate for the government augurs well for the prospects of high economic growth.

Source: Hindustan Times July 04, 2019 10:18 UTC