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Home > Reports and Documents > Economic Survey 2019-2020 > Economic Survey 2019-2020

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Economic Survey 2019-2020 [1]

Submitted by susan on Fri, 2020-01-31 14:17

The Economic Survey identifies several levers for furthering wealth creation: entrepreneurship at the grassroots as reflected in new firm creation in India’s districts; promote “pro-business” policies that unleash the power of competitive markets to generate wealth as against “pro-crony” policies that may favour incumbent private interests.

The Survey makes the case that the churn created by a healthy pro-business system generates greater wealth than a static procrony system. Note that the Survey contrasts two systems; the arguments are not directed at any individual or entity. Instead, it argues for eliminating policies that undermine markets through government intervention even where it is not necessary; integrate “Assemble in India” into “Make In India” to focus on labour-intensive exports and thereby create jobs at large scale; efficiently scale up the banking sector to be proportionate to the size of the Indian economy and track the health of the shadow banking sector; use privatisation to foster efficiency. Consistent with the hand of trust supporting the invisible hand, the Survey provides careful evidence that India’s GDP growth estimates can be trusted.

thesaurus: 
Economy [2]
Economic Development [3]
India [4]
Employment [5]
Statistics [6]
Services [7]
Industry [8]
Private Sector [9]
Main Topic: 
Economy [2]
Publisher : 
Ministry of Finance [10]
Mark Content Private(Internal): 
External URL: 
https://www.indiabudget.gov.in/economicsurvey/
Email Alert: 
Publication Date: 
31/01/2020
Document Type: 
Reports [11]
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Centre for Science and Environment

Submitted by ipsita on Sat, 2010-06-19 08:13
External URL: 
http://cseindia.org/
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National Knowledge Commission Government of India

Submitted by ipsita on Sat, 2010-06-19 04:48
External URL: 
http://knowledgecommission.gov.in/

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Source URL: http://re.indiaenvironmentportal.org.in/reports-documents/economic-survey-2019-2020

Links:
[1] http://re.indiaenvironmentportal.org.in/reports-documents/economic-survey-2019-2020
[2] http://re.indiaenvironmentportal.org.in/category/thesaurus/economy
[3] http://re.indiaenvironmentportal.org.in/category/thesaurus/economic-development
[4] http://re.indiaenvironmentportal.org.in/category/thesaurus/india
[5] http://re.indiaenvironmentportal.org.in/category/thesaurus/employment
[6] http://re.indiaenvironmentportal.org.in/category/thesaurus/statistics
[7] http://re.indiaenvironmentportal.org.in/category/thesaurus/services
[8] http://re.indiaenvironmentportal.org.in/category/thesaurus/industry
[9] http://re.indiaenvironmentportal.org.in/category/thesaurus/private-sector
[10] http://re.indiaenvironmentportal.org.in/category/publisher/ministry-finance
[11] http://re.indiaenvironmentportal.org.in/content-types/report