Strongly criticising the Economic Survey 2018 for having failed the people, the Congress party said it would need a miracle for the Indian economy to achieve a growth rate of 6.75% in 2017-18 and said the Survey created grounds for almost certain overall economic failure because it was based on premises that were questionable.
In a statement, former finance minister P Chidambaram said the future success of the economy was based on two conditions that were shaky: that the world economy would hold; and oil prices would hold. Neither premise, he said, looks particularly stable. According to Chidambaram, the government