Thread by @CivicDatalab

The #EconomicSurvey2020 was released on Jan 31, 2020. The theme - "Wealth Creation". This thread provides a brief summary of each chapter in Volume I.

#Budget2020
#BudgetWithCDL

@FinMinIndia @nsitharaman @nsitharamanoffc @SubramanianKri

@FinMinIndia @nsitharaman @nsitharamanoffc @SubramanianKri #EconomicSurvey2020 bats for allowing the "invisible hand" to do its job. Market should only be supported and not attempted to be controlled by the government. #Budget2020 #BudgetWithCDL
@FinMinIndia
@nsitharaman
@nsitharamanoffc
@SubramanianKri

#Entrepreneurship is key to wealth creation and India's journey towards a #5TrillionEconomy. #EconomicSurvey2020 argues for continued and expanded support for entrepreneurs. #Budget2020 #BudgetWithCDL
@FinMinIndia
@nsitharaman
@nsitharamanoffc
@SubramanianKri

#EconomicSurvey2020 rightly points out that #crony #capitalism is a bane. For example: Banks' lending decisions should not be based on extraneous considerations. #Budget2020 #BudgetWithCDL
@FinMinIndia
@nsitharaman
@nsitharamanoffc
@SubramanianKri

Oftentimes, policies enacted with the right intentions may end up causing more harm than good. #EconomicSurvey2020 lists examples to prove its point.

#Budget2020
#BudgetWithCDL

@FinMinIndia @nsitharaman @nsitharamanoffc @SubramanianKri

India has made tremendous strides in #EaseOfDoingBusiness. However, we're behind in a few areas. #DidYouKnow that contract enforcement takes 1445 days in India while it takes only 496 in China?

#Budget2020
#BudgetWithCDL

@FinMinIndia @nsitharaman @SubramanianKri @DIPPGOI

India has completed the 50th anniversary of bank nationalisation. Is it a success story or cautionary tale? #EconomicSurvey2020
takes a deep dive.

#Budget2020
#BudgetWithCDL

@FinMinIndia @nsitharaman @nsitharamanoffc @SubramanianKri

#NBFCs in India are going through a crisis in India. #EconomicSurvey2020
points to a few solutions.

#Budget2020
#BudgetWithCDL

@FinMinIndia @nsitharaman @nsitharamanoffc @SubramanianKri

"The legitimate object of govt, is to do for...people, whatever they need to have done, but cannot do at all, or cannot so well do...in their separate, and individual capacities.” - Lincoln

#Budget2020
#BudgetWithCDL

@FinMinIndia @nsitharaman @nsitharamanoffc @SubramanianKri

Credibility of India's economic data is paramount. #EconomicSurvey2020 puts forth a forceful defense of the recent changes in methodology to #GDP estimation.

#Budget2020
#BudgetWithCDL

@FinMinIndia @nsitharaman @nsitharamanoffc @SubramanianKri

In the final chapter of #EconomicSurvey2020, the report estimates state-wise price of a plate of #thali. #Thalinomics.

Read the full report at indiabudget.gov.in/economicsurvey/

#Budget2020
#BudgetWithCDL

@FinMinIndia @nsitharaman @nsitharamanoffc @SubramanianKri