Economic Survey: 10 takeaways from Narendra Modi government's economic report card ahead of Independence Day
A rundown of economic acheivements and shortcomings of the Narendra Modi government during the latter half of financial year 2016-17.
- Aug 11, 2017,
- Updated Aug 11, 2017 6:16 PM IST
The second volume of Economic Survey for the financial year 2016-17 tabled before the Parliament today, proved to be a mixed bag. Arvind Subramanian, chief economic advisor to Prime Minister Narendra Modi, presented the document.
The Survey talks of a 'rekindled optimism on structural reforms in Indian economy'. Meanwhile, it also points out that Asia's third-largest economy might not attain grow at its full potential, because of the disruptions caused by these radical reforms
The Economic Survey talks of a lot of things - from unprecedented decline in inflation figures to contracting service and manufacturing sectors, Reserve Bank of India being the only central bank to slash interest rates across Asia, as well as difficulties in job creation.
Here are the key takeaways from the latest Economic Survey:
The second volume of Economic Survey for the financial year 2016-17 tabled before the Parliament today, proved to be a mixed bag. Arvind Subramanian, chief economic advisor to Prime Minister Narendra Modi, presented the document.
The Survey talks of a 'rekindled optimism on structural reforms in Indian economy'. Meanwhile, it also points out that Asia's third-largest economy might not attain grow at its full potential, because of the disruptions caused by these radical reforms
The Economic Survey talks of a lot of things - from unprecedented decline in inflation figures to contracting service and manufacturing sectors, Reserve Bank of India being the only central bank to slash interest rates across Asia, as well as difficulties in job creation.
Here are the key takeaways from the latest Economic Survey: