Union finance minister Arun Jaitley on Tuesday tabled the Economic Survey 2016-17 in Parliament budget session.
The survey projects the economy to grow in the range of 6.75% to 7.25% in the next fiscal year 2017-18 in the post-demonetisation year.
The survey prepared by chief economic adviser in the finance ministry Arvind Subramanian said the adverse impact of demonetisation on GDP growth will be transitional.The Economic Survey 2016-17 advocates the concept of Universal Basic Income (UBI) as an alternative to the various social welfare schemes in an effort to reduce poverty.The shock demonetisation will shave off a good 0.5 percentage point […]
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