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Economic Survey highlights: FY20 fiscal deficit target may need relaxation

GDP growth pegged at 6-6.5 per cent in financial year starting April 1, up from 5 per cent in current fisca

Economic Survey
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Economic Survey. Photo: Shutterstock

Press Trust of India New Delhi
The Union Finance minister on Friday tabled the Economic Survey 2019-20 in Parliament. Here are the highlights. 

GDP growth pegged at 6-6.5 per cent in fiscal year starting April 1, up from 5 per cent in current financial year.  

Fiscal deficit target for current financial year may need to be relaxed to revive growth.  

Uptick in growth projected in second half of current fiscal based on 10 factors including higher FDI flows, build up of demand pressure, positive GST revenue growth. 

Survey asks government to deliver expeditiously on reforms to revive growth  

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