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Why is Economic Survey 2018 cautiously optimistic about GDP growth?

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Vishal Chhabria
Economic Survey 2017-18, tabled in Parliament on Monday by Union Minister for Finance and Corporate Affairs, Arun Jaitley, betrays cautiousness on growth, indicating that the economy continues to be in a state of repair, and still has some way to go before growth rates move up to 8 per cent-plus levels.

In a year that will see the full benefit of the goods and services tax (GST) implementation accrue, where a large part of the rate rationalisation or tweaking has already been done and issues related to processes have largely been ironed out, the Economic Survey says, India’s real