The Economic Survey 2016-17 and What it Tells Us
The Economic Survey for 2016-17, tabled in Parliament by Finance Minister Arun Jaitley on Tuesday, underscored the need for more reforms.
The Economic Survey estimates that the economy will grow between 6.75% to 7.5% next fiscal.
New Delhi: The Economic Survey for 2016-17, tabled in Parliament by Finance Minister Arun Jaitley on Tuesday, underscored the need for more reforms.
Its GDP growth forecast for this fiscal is lower than the 7.1 per cent put out by the Central Statistics Office earlier this month.
One of the key take away from the Economic Survey 2017-18 is the mention of Universal Basic Income, a concept that has been in currency recently.
The Survey lists some of the challenges that might impede India's progress.
These include ambivalence about property rights and the private sector, deficiencies in state capacity, especially in delivering essential services and inefficient redistribution.
Here are the key things that the Survey highlights:
Recommended For You
- Rashid Khan Becomes Top-ranked ODI Bowler, Youngest Ever to Do So
- Nidahas Trophy: India Take on Sri Lanka in Opener; Final on March 18
- Xiaomi Mi TV 4 Review: A Complete LED Smart TV For Rs 39,999 in 2018
- Honor 9 Lite vs Xiaomi Redmi Note 5: The Budget Smartphone Bout
- Soorma: Sandeep Singh On Training Diljit Dosanjh & The Message He Wants To Convey Through His Biopic