what is the current position and trend ? what needs to be done?
Fiscal deficit of 3.5% of GDP has been set for the current financial year.
" Nominal GDP growth rate has been targeted at 12%of GDP.
" Overall GDP growth rate has been forecasted for 2020-21 at 6%-6.5% by
the Economic Survey.
" To sustain a fast GDP growth rate and achieve a US$ 5 trillion economy
target, India needs to invest 1.4 trillion dollars in infrastructure.