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Economic Survey: GDP growth rate for 2018-19 at 7-7.5%; GST added tax-payers but from lowest slabs

Chief economic adviser Arvind Subramanian says policy agenda for coming fiscal year to include propping up agriculture, finishing bank recapitalisation and privatising Air India.

On the first day of the Budget session in Parliament, Union finance minister Arun Jaitley tabled the annual Economic Survey for 2018-19, authored by chief economic adviser to the Union ministry of finance, Arvind Subramanian.

While the survey lays down the premise of and sets off expectations from the Union Budget, it also red-flags areas that need attention. This year’s Economic Survey, in the same vein, is a mixed bag of achievements, loaded with caveats, and in all is a modest projection of the economic performance in the year ahead.

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