The Economic Survey 2014-15, tabled in Parliament on Friday, was high on growth but cautious on reforms. While the government’s key initiatives were spoken about in detail, some of its pet themes were mentioned several times in the document.
It was no surprise that the words ‘GDP’ and ‘growth’, reflecting a cause for concern the world over amid tight economic conditions, were used 119 and 280 times, respectively, in the first volume of the Economic Survey. Also, true to Prime Minister Narendra Modi’s ‘Make in India’ pitch to boost domestic manufacturing, the word ‘manufacturing; found 185 mentions and the name of the programme was used 22 times..
Read our full coverage on Union Budget
The services sector, one of the brightest spots of the Indian economy, was on top of the authors’ minds, too — the word ‘services’ was used 115 times.
Among other prominent buzzwords that the Economic Survey, penned by Chief Economic Advisor Arvind Subramanian, used multiple times were ‘banks’ (92 times), ‘expenditure’ (66), ‘consumption’ (48), ‘infrastructure’ (47), ‘public investment’ (46) and ‘demand’ (35). India’s emerging-market peer China was referred to 49 times in the Survey.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.