The Economic Survey is an important economic document published every year by the Ministry of Finance. This article undertakes a critical assessment of the vision of economic growth embedded in the Economic Survey 2014–15. It is argued that the current vision of economic growth is largely supply-side in nature and that policymakers need to take cognisance of the demand-side constraints in India through the framework of demand-led growth theory—a non-mainstream approach to understanding economic growth.
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EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.