The Economic Survey 2018-19 has been tabled in the Parliament, as it always is, a day before the Budget is presented.
India continued to remain the fastest growing economy in the world with a GDP growth rate of 6.8% in 2018-19.
This shows the fiscal prudence and fiscal discipline maintained by the government.
There was a time when Indian economy, during the UPA years, witnessed fiscal deficit crossing 6% of GDP.
This is one economic parameter where the Modi government has worked very hard and the results have also been very positive.
Among many measures taken by the Modi government, setting up of Monetary Policy Committee can be seen as institutional reform to contain inflation, especially retail inflation.