The Economic Survey tabled in Parliament on Thursday places a raft of new ideas in the arena of economic policymaking, embodied by the overarching need for India to embrace unfettered thinking in its journey towards becoming a $5 trillion economy.
In fact, the team that worked on the survey—an annual critique of the economy—was guided by “blue sky" thinking about what should be the right economic model for Asia’s third-largest economy, the Survey’s author and chief economic adviser in the finance ministry Krishnamurthy V. Subramanian said in the preface.
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The Economic Survey tabled in Parliament on Thursday places a raft of new ideas in the arena of economic policymaking, embodied by the overarching need for India to embrace unfettered thinking in its journey towards becoming a $5 trillion economy. In fact, the team that worked on the survey—an annual critique of the economy—was guided by “blue sky" thinking about what should be the right economic model for Asia’s third-largest economy, the Survey’s author and chief economic adviser in the finance ministry Krishnamurthy V. Subramanian said in the preface.