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Economic Survey 2018-19 outlines PM Modi's vision to make India $5 trillion economy

#Economy@5trillion: Economic Survey 2018-19 presented today by Finance Minister Nirmala Sitharaman recommends creating a virtuous cycle encompassing private investment, jobs, exports and demand. The Economic Survey lays out PM Modi’s ambitious agenda of taking India’s economy to $5 trillion.

Edited by: India TV Business Desk New Delhi Updated on: July 04, 2019 13:51 IST

Aadhaar making huge impact

The Survey states that the “Aadhaar Act, 2016 has enabled creation of pathways for the benefits of growth to reach the bottom of socio-economy ladder.”   The Survey states that the Pradhan Mantri Jan Dhan Yojana(PMJDY) and Jan Dhan, Aadhar, Mobile (JAM) trinity further secured Direct Benefit Transfers (DBT)  of over 7.3 lakh crore rupees under various schemes like Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), National Social Assistance Program(NSAP), Pradhan Mantri Awas Yojna-Gramin(PMAY-G), Pradhan Mantri Ujjwala Yojana(PMUY) etc,.  Presently 55 central ministries through 370 cash-based schemes are transferring benefits under the DBT mechanism.

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