Logo


Highlights of the Economic Survey, 2014-15

A look at the major highlights of the Economic Survey, 2014-15

Highlights of the Economic Survey, 2014-15 GDP growth: Seen at over 8% (annual) for 2015-16; double-digit economic growth trajectory possible in future Fiscal deficit: Govt to adhere to its target of 4.1% of GDP for 2014-15; India must meet its medium-term target of 3% of GDP Reforms: Expectation of big-bang reforms unrealistic Investment: Public expenditure must become public investment, led by railways Stalled projects: About 7% of GDP, mostly in the private sector, need independent resolution Fiscal discipline: Short-term imperative of boosting ...