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CEA SEES GROWTH REBOUNDING TO 6%

Why in news?

The economic survey expects GDP growth to revive from the 5% estimated or this year to a range between 6%-6.5% next year.

To make a point about how being pro-crony is different from being pro-business, the Survey refers to the gains made unfairly by stocks of connected companies before the CAG report on the 2G spectrum allocations came out in 2011, again rejuvenating UPA-era malfeasance memories.

GDP growth in the first half of FY20 Economic Survey Legacy IAS Academy Best IAS Academy in Bangalore
Economic Survey on GDP Growth Rate

June 2024
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