- Wealth PMS
The Economic Survey is a vast and extremely detailed document that contains a lot of information if anyone bothered to read through it, but most people don’t. I won’t pretend to either, even though I think I get to read a lot of it. Here is the summary in graphs taken from the site.
Key takeaway: Both Industry and Agriculture have dwindled in their contribution to GDP growth.
(China’s still ahead)
More than 52% of the LPG subsidy in rural areas are taken by the rich (top 20% earners) while the bottom 20% in income get only 0.07%. In Urban areas, the poorest get only 8%, but the subsidy gets distributed equally among the rest.
I consider Real Estate to now be part of the financial sector of course.
(I suppose they’re allowed to wear Jeans to work)
(This might improve, as the dollar gets stronger)
More tomorrow. I hope this has helped! All the best for the budget.