Survey Preface News Today

Countercyclical fiscal policy may not help 1/2 2/2 × In giving spending a boost, the Budget must ensure no large fiscal slippages as this will do the economy more harm than good The Economic Survey 2020-21 offers the spirit of generous optimism on the growth front but this comes coupled with an overdose of complacency. Growth, it is proclaimed, will be achieved, but the path leading to a sustainable growth is missing. As Krishnamurthy V Subramanian, Chief Economic Adviser, said in the Survey P...