Here are the highlights of Economic Survey:
Investment for growth
The Survey states that pathways for trickle-down opened up during the last five years, and benefits of growth and macroeconomic stability reached the bottom of the pyramid. Sustained real GDP growth rate of 8 per cent needed for a $5 trillion economy by 2024-25. “Virtuous Cycle” of savings, investment and exports catalyzed and supported by a favorable demographic phase required for sustainable growth.