Published on 4/07/2019 11:32:45 AM | Source: HT Media

Economic Survey tabled, predicts 7% growth rate for 2019-20

Now Get news on WhatsAppClick Here To Know More

NEW DELHI: A day before finance minister Nirmala Sitharaman presents her first budget, the Modi 2.0 government tables the Economic Survey 2018-19, prepared by Chief Economic Adviser Krishnamurthy Subramanian, in the Parliament today. The Economic survey projects the state of health of the Indian economy and outlines the challenges.

The Indian economy is at a 5-year low of 6.8% in 2018-19 and the fourth quarter growth has slumped to 5.8% which is a 17-quarter low.

Live Updates of Economic Survey 2018-19:

11:24 am: Economic Survey says lower global growth, increased uncertainty over trade tension may hit exports: Reuters

11:20 am: Economic survey sees investment rate picking up in FY2020 on higher credit growth and improved demand: sources - Reuters

11:20am: Economic survey sees 2019/20 GDP growth at 7 percent.

11:10 am: The Economic Survey is likely to flag headwinds that the economy might face in its pursuit to become the world's fifth largest economy, according to PTI.

11:15 am: The survey is also likely to detail reforms road map needed to fulfil Modi's goal of more than doubling the size of the economy to USD 5 trillion by 2024.