Eco Survey is assuring; believes we have completely regained lost ground

The Economic Survey 2023-24 is assuring and it affirms that we have completely regained lost ground, says Madan Sabnavis

The Economic Survey is a review of everything that has happened so far, with a prognosis on what to expect in the coming year. In terms of numbers, most of the data presented for the running year is already known, which includes the NSO data on gross domestic product (GDP), index of industrial production (IIP), and trade and so on. The point of interest really is in the outlook, and here the Economic Survey is positive about the ‘India story’.

GDP growth for the year is projected at 6-6.8 per cent with a baseline of 6.5 per cent, which is