Economic Survey 2020 Highlights English & Hindi Pdf Download , Finance Minister Nirmala Sitharaman tabled the Economic Survey 2020 in Parliament. The survey, prepared by Chief Economic Advisor Krishnamurthy Subramanian. Economic Survey Is Most Important Document Of Indian Government . For Those Who Are Preparing For UPSC Exam They Must read This Survey This is very important For Both Prelims and Mains Exams .
Economic Survey 2020 Highlights English & Hindi Pdf Download
|Document||Economic Survey 2018-19|
|Release Date||30 January 2020|
|Topic||Highlights Of Economic Sruvey|
|Volumes||Volume 1 And Volume 2|
|CEA||Krishnamurthy V Subramanian|
|Download Economic Survey Highlights||Economy Survey highlights Pdf|
The Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman presented the Economic Survey 2019-20 in the Parliament today. The Key Highlights of the Economic Survey 2019-20 are as follows:
- The Economic Survey 2019-20 was released by the Chief Economic Advisor (CEA) Krishnamurthy Subramanian.
What are the key features of 2019-2020 survey?
- The central theme of the first volume of the survey is “Wealth creation”.
- It states that to achieve the goal of becoming a $5-trillion economy, the “invisible hand of markets” will need the support of the trust-based ethical practices.
- This means that regulation and rules in the economy should be such that they make it easy to do business but not turn into crony capitalism.
- (Crony Capitalism = an economic system in which family and friends of government officials are given unfair advantages in the form of jobs, loans, etc)
- It makes several policy prescriptions. to ensure smoother functioning of markets as creators of wealth.
- It states that policies must empower transparency and effective enforcement using data and technology to enhance this public good.
- It acknowledged that 2019 was a difficult year for the global economy, including for trade and demand; and by extension a challenging period for the Indian economy as well.
- The stress in the non-bank financial industry and decline in credit growth are also reflected in the Survey.
- Interestingly, the survey recommends a dynamic health index that policymakers can use as an early warning system to avert incipient liquidity crises in this key credit providing sector.
To Download Full Highlights Of Economic Survey In English Click On Link Given Above In Table .
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