April 27, 2024 07:05 (IST)
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6.1 magnitude earthquake hits Taiwan, no immediate damages reported | Arjuna awardee CRPF officer found guilty of sexual harassment charges, faces dismissal | Opposition's dreams shattered: PM Modi on Supreme Court's VVPAT verdict | Supreme Court rejects plea seeking 100 pct votes verification on EVMs, rules out returning to ballot papers | Voting concludes in 88 constituencies with 61% turnout by 5 pm

Pro-crony policies till 2011 eroded wealth, destroyed value and created wilful defaulters: Economic Survey

New Delhi/IBNS: The Economic Survey 2019-20 says India’s aspiration to become a $5 trillion economy depends critically on promoting “pro-business” policy that unleashes the power of competitive markets to generate wealth, on the one hand, and weaning away from “pro-crony” policy that may favour specific private interests, especially powerful incumbents, on the other hand.

After reaching the lowest point, Indian economy to revive from here: Chief Economic Adviser

New Delhi/IBNS: Chief Economic Adviser KV Subramanian on Friday expressed hope that the Indian economy will start growing after hitting the bottom while predicting a growth of 6 to 6.5 per cent growth for the 2020-21 fiscal year.