Economic Survey focuses on wealth creation, says PM Modi

PTI

New Delhi: Cover of the first volume of Economic Survey 2019-20 which was tabled in Parliament on the first day of the Budget Session, in New Delhi, Friday, Jan. 31, 2020. (PTI Photo)

New Delhi: Cover of the first volume of Economic Survey 2019-20 which was tabled in Parliament on the first day of the Budget Session, in New Delhi, Friday, Jan. 31, 2020. (PTI Photo)

The Economic Survey focuses on wealth creation for Indians and outlines a multi-faceted strategy to achieve a USD 5 trillion economy through enterprise, exports and the ease of doing business, Prime Minister Narendra Modi said on Friday.

Economic Survey 2019-20 projected the revival of economic growth to 6-6.5 per cent in the next fiscal beginning April 1 but suggested the government should relax the budget deficit target to boost growth from a decade low.

The Survey released a day before the Union Budget for 2020-21 is presented, called for cutting food subsidy while at the same time looking at businessmen with respect as they create wealth and jobs.

“The #EconomicSurvey 2019-20 focuses on wealth-creation for 130 crore Indians. It outlines a multi-faceted strategy to achieve a $5 trillion economy through enterprise, exports, ease of doing business and more,” Modi said on Twitter.

(PTI)