Budget 2018: Economic Survey 2017-18 out today- Were past editions accurate?

Business Standard looks at past surveys to analyse what their priorities and challenges were

After the 2009-10 economic survey, which projected economic growth on the dot for 2010-11, most surveys in succeeding years have been off track in predicting growth. Surprisingly, the only other exception was the survey of 2015-16 that pegged economic growth in a range of 7-7.75 per cent for 2016-17 and actual growth was indeed 7.1 per cent. The growth fell in the range predicted by the survey despite the year witnessing demonetisation. The major setback in terms of prediction could be the survey of 2010-11, which had forecast growth to be nine per cent for 2011-12 (plus or minus 0.25