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Vision IAS Economy Survey 2018-19 Volume- I & II : For UPSC Exam PDF Book

Vision IAS Economy Survey 2018-19 Volume- I & II : For UPSC Exam PDF Book


Vision-IAS-Economy-Survey-2018-19-Volume-I-and-II-For-UPSC-Exam-PDF-Book


Name of Book :  Vision IAS Economy Survey 2018-19 Volume- I & II / विज़न आईएएस अर्थव्यवस्था सर्वेक्षण 2018-19 वॉल्यूम- I और II 

Hope This Vision IAS Economy Survey 2018-19 Volume- I & II Book will Step up you to Succeed / आशा करते हैं विज़न आईएएस अर्थव्यवस्था सर्वेक्षण 2018-19 वॉल्यूम- I और II पुस्तक आपके कदम सफलता की ओर ले जायगी

Language of Book : English

Size of Ebook : 8.64 MB

Total pages in ebook : 76

Ebook Downloading Status  : Best 
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Description about eBook : SHIFTING GEARS: PRIVATE INVESTMENT AS THE KEY DRIVER OF GROWTH, JOBS, EXPORTS AND DEMAND

Introduction:
The chapter gives an overview of the accomplishments of the Indian economy in the last five years and presents a blueprint to achieve the goal of five trillion economy in the next five years. In doing so, the Survey tries to go beyond the traditional models of economy.
The Next Five Years: A Blueprint for Growth and Job:

  • With strong economic foundations laid over the last five years, the Survey advocates that, in order to achieve US$5 trillion economy by 2024-25, India needs to sustain a real GDP growth rate of 8%. 
  • To achieve this, the survey prescribes the blueprint of a virtuous cycle of savings, investment and exports catalyzed and supported by a favorable demographic phase.  
  • In this blueprint, the Investment, especially private investment, is the “key driver” that drives demand, creates capacity, increases labor productivity, introduces new technology, allows creative destruction and generates jobs. 
  • To support this blueprint, the Survey has examined various countries such as China and East Asian countries, whose high growth rates were sustained by a growth model driven by such a virtuous cycle and a favorable demographic phase. 
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