Amid gathering talk of an economic slowdown, the Modi 2.0 government’s first economic report card on Thursday made a strong case for accelerating private investment to create new jobs and drive demand, and identified labour law reforms, higher tax compliance and lower interest rates as key focus areas to take the economy to the next level.
The Economic Survey, tabled in Parliament by finance minister Nirmala Sitharaman a day before she presents her maiden Budget, lays out chief economic adviser Krishnamurthy Subramanian's blueprint for a $5 trillion economy by 2024-25, at the core of which is an annual growth rate of 8%.

Amid gathering talk of an economic slowdown, the Modi 2.0 government’s first economic report card on Thursday made a strong case for accelerating private investment to create new jobs and drive demand, and identified labour law reforms, higher tax compliance and lower interest rates as key focus areas to take the economy to the next level.
The Economic Survey, tabled in Parliament by finance minister Nirmala Sitharaman a day before she presents her maiden Budget, lays out chief economic adviser Krishnamurthy Subramanian's blueprint for a $5 trillion economy by 2024-25, at the core of which is an annual growth rate of 8%.