Economic Survey 2018-19 says redesign 'Minimum Wage System in India' for alleviating poverty
ZeeBiz WebTeam
| Jul 04, 2019, 06:51 PM IST
Economic Survey 2018-19: Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2018-19 in the Parliament today. The Survey states that pathways for trickle-down opened up during the last five years; and benefits of growth and macroeconomic stability reached the bottom of the pyramid, adding that sustained real GDP growth rate of 8% needed for a $5 trillion economy by 2024-25. It also cited the need for redesigning a Minimum Wage System in India for inclusive growth. The key highlights of Economic Survey 2018-19 in this regard are:
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