Tabling the Economic Survey yesterday (Jan. 31), the finance minister projected growth for financial year 2021 at 6% to 6.5%. This is down from an earlier projection of 7%, made by the chief economic advisor KV Subramanian in July 2019. The pre-budget survey retained the growth rate for the current fiscal at 5%.

Put together by a team headed by Subramanian, the Econonmic Survey focused on the need to relax the fiscal deficit for the current fiscal to revive economic growth.

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