31
Jan
The government's Economic Survey 2020 pegged the gross domestic product (GDP) growth at 5 per cent in the current financial year, which it said would pick up to 6-6.5 per cent in financial year ending March 2021. That marked a sharp downward revision from the estimate of 7 per cent growth for the current financial year in last year's Economic Survey. Prepared by Chief Economic Advisor Krishnamurthy Subramanian and his team, the Economic Survey 2019-20 comes a day ahead of the presentation of the first full-year Union Budget of the Modi 2.0 administration. The government may need to relax its…