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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

Jobs

Citing the Chinese experience, the Survey says “when examined in the full value chain, capital investment fosters job creation as capital goods production, research and development, and supply chains also generate jobs.”

Dr KV Subramanian stressed that jobs are directly proportional to investment. He highlighted the Chinese model that successfully created jobs by investing more of its savings. 

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