Business Standard

How long will it take to create trust that the Economic Survey argues for

The Survey forecast appears to be on a higher side, which could be aspirational and depends on the Budget proposals.

N R Bhanumurthy, Professor, National Institute of Public Finance and Policy
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N R Bhanumurthy, Professor, National Institute of Public Finance and Policy

N R Bhanumurthy
At the outset, we must complement the Economic Survey  for bringing out a very well-researched report, not only on the current state of the Indian economy but also by trying to focus on the long-term aspect of how to 
create wealth. 

The Survey adopts an analytical framework that integrates Invisible Hand with the Hand of Trust, although not really new, has contextual value. But the best part of the Survey is the way it has built the narrative around the theme by bringing in issues that define the markets versus governments debate. It has brought in the role of public/private banks,

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