ఆర్థిక సర్వేలో కొత్తగా ఏమైనా చెప్పారా?||Economic Survey: Did it tell anything new?
The Economic Survey for 2019-20 (the financial year that is ending), authored by Chief Economic Adviser (CEA) Krishnamurthy Subramanian, was tabled in Parliament today. It is a voluminous compilation of how the economy fared in the year. But more than that, it has steadily acquired the status of a wish list, a smorgasbord of fantastic ideas of whoever is the incumbent Economic Adviser. The government, sensitive to public opinion, may or may not follow the Survey’s thoughts. That’s been the general record of late.
But this time, the Survey captures the government’s mood and inclination – indeed its very soul – quite admirably. As announced by the CEA in his press conference in the afternoon, the theme of the Survey was "Wealth Creation". With this, he solidly aligned himself with the Prime Minister who has been stressing that industrialists and business tycoons are the wealth creators of the country and they need to be supported. The Survey proudly declares that there are two pillars of wealth creation: the invisible hand of the market and the hand of trust (which refers to trusting big companies and they in turn trusting the government).
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ఆర్థిక సర్వేలో కొత్తగా ఏమైనా చెప్పారా?||Economic Survey: Did it tell anything new? The Economic Survey for 2019-20 (the financial year that is ending), authored by Chief Economic Adviser (CEA) Krishnamurthy Subramanian, was tabled in Parliament today. It is a voluminous compilation of how the economy fared in the year. But more than that, it has steadily acquired the status of a wish list, a smorgasbord of fantastic ideas of whoever is the incumbent Economic Adviser. The government, sensitive to public opinion, may or may not follow the Survey’s thoughts. That’s been the general record of late. But this time, the Survey captures the government’s mood and inclination – indeed its very soul – quite admirably. As announced by the CEA in his press conference in the afternoon, the theme of the Survey was "Wealth Creation". With this, he solidly aligned himself with the Prime Minister who has been stressing that industrialists and business tycoons are the wealth creators of the country and they need to be supported. The Survey proudly declares that there are two pillars of wealth creation: the invisible hand of the market and the hand of trust (which refers to trusting big companies and they in turn trusting the government).