 "Full text of the Economic Survey 2020-21: Download volume-I and II here")
Days before she would present the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman tabled the Economic Survey 2020-21 in Parliament on Friday. The two-volume document, authored by Chief Economic Advisor Krishnamurthy V Subramanian, has estimated that the Indian economy would contract by 7.7 per cent in the current financial year, mainly on account of the coronavirus pandemic and weeks-long lockdown of the country to control the spread of the virus.
For the 2021-22 financial year, the Economic Survey has projected real gross domestic product (GDP) growth of 11 per cent.
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