Eco Survey: Reliance on exports shows govt has given up, says Congress

Congress said the survey lowering GDP growth forecasts to 6.75% was an admission that there might be a further downside due to note ban

Criticising the Economic Survey, which was tabled in Parliament on Monday, for having “failed” the people, the Opposition Congress said the Indian economy would need a miracle to achieve the growth rate of 6.75 per cent in 2017-18 . The party said the Survey created grounds for almost certain economic failure overall, because it was based on premises which were questionable.

Former finance minister P Chidambaram said the future success of the economy was based on two conditions that were shaky: The world economy would hold, and oil prices would hold. Neither premise, he said, looked stable.

According to him, the Narendra