Setting the tone for Saturday’s Union Budget, the Economic Survey for 2019-20 has kept its faith in the “invisible hands of markets” to help India get out of the current morass of economic slowdown and march ahead in the journey of achieving $5-trillion economy by 2025.
Prompted by the global financial crisis and the recent problems of India’s financial sector, Chief Economic Advisor Krishnamurthy Subramanian has, in the Survey, made a case for the hand of trust to support the “invisible hands of markets”.
Wealth creation theme
Building on last year’s Survey theme of “unfettered blue sky thinking”, the latest edition has gone with “wealth creation” as its overarching theme, while pitching for “aggressive disinvestment” in Central Public Sector Enterprises (CPSEs), preferably through the strategic sale route.
Disinvestment push
Diese Geschichte stammt aus der February 01, 2020-Ausgabe von The Hindu Business Line.
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