Growth projection for FY20 has been pegged at 7 percent.
With the Union Budget due to be presented on July 5, Chief Economic Adviser (CEA) to the government of India Dr KV Subramanian's maiden Economic Survey was tabled in Parliament. A key highlight of the Economic Survey 2018-19 was that growth projection for FY20 has been pegged at 7 percent.
The document warns that investment rates seem to have bottomed out which was attributed to the January-March slowdown, partly due to poll-related uncertainty and the NBFC crisis.
In this episode of Editor's Take, Moneycontrol's Sakshi Batra gets in conversation with Deputy Executive Editor Gaurav Choudhury to discuss the key highlights of Economic Survey 2019.
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .