Eco Survey presents a cautiously optimistic view of economy: Kaushik Das

Baseline growth forecast for FY19 at 7.5% is in the upper band of the Survey's forecast range, but we too remain cautious about downside risks, just like the ones highlighted in the Economic Survey

The FY17-18 Economic Survey is a must-read for all, seeking to improve their understanding of the Indian economy. It is not only rich in data content, but provides fresh and insightful perspectives of the economy, based on rigorous and innovative analysis. While the Survey covers a wide range of economic and sociopolitical issues, we restrict our observations primarily to the discussions related to key macroindicators.
 
The Survey’s estimate for FY18 real gross domestic product (GDP) growth at 6.75 per cent is slightly higher than our (6.6 per cent) and Central Statistics Office’s estimate of 6.5 per cent, whereas its