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CEA sees growth rebounding to 6
Contents:
Daily Current Affairs Dated on 01-Feb-2020
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1. CEA sees growth rebounding to 6% 2. WHO declares coronavirus outbreak a global emergency 3. Crop dusting with drones is illegal, says Centre 4. Needed: fewer regulations for startups 5. A chance to chart China-like export trajectory 6. Thalinomics: the formula behind one square meal 7. Budget 2020: Archaeological Sites set to be developed
CEA SEES GROWTH REBOUNDING TO 6%
Why in news?
The economic survey expects GDP growth to revive from the 5% estimated or this year to a range between 6%-6.5% next year.
To make a point about how being pro-crony is different from being pro-business, the Survey refers to the gains made unfairly by stocks of connected companies before the CAG report on the 2G spectrum allocations came out in 2011, again rejuvenating UPA-era malfeasance memories.
