Economic Survey 2020 projects growth at 6-6.5% in fiscal year starting April 1

The Economic Survey 2019-20 tabled by Finance Minister Nirmala Sitharaman on Friday projected growth for the next fiscal starting April 2020-21 at 6 per cent to 6.5 per cent. The pre-budget survey has also retained the growth numbers for the current fiscal at five per cent.

The annual economic survey, prepared by a team headed by the Chief Economic Adviser Krishnamurthy Subramanian, also stressed on the need to relax fiscal deficit for the current fiscal to revive growth.