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Economic Survey has estimated 2019-20 GDP growth at 7%, say TV reports

Investment rate should pick up in FY20 on higher credit growth and improved demand, the Survey, projecting the state of economy and outlining the challenges facing it, is believed to have said

Indian economy
Indian economy

The Economic Survey for 2018-19, tabled in Parliament on Thursday, is said to have estimated the gross domestic product (GDP) growth for 2019-20 at 7 per cent, mainly on a stable macroeconomic situation in the country. Television reports say that the Survey has attributed an economic slowdown in the January-March quarter partly to election-related uncertainty.    Investment rate should pick up in FY20 on higher credit growth and improved demand, the Survey, projecting the state of economy and outlining the challenges facing it, is believed to have said. A decline in the ...