ANKARA

The economic survey of India “admits” the country needs to create new and focused labor-intensive exports like China did in the previous decades, an expert said on Friday.

The Narendra Modi-led Bharatiya Janata Party (BJP) government tabled on Friday in parliament country’s economic survey for 2019-20 and projected a growth of 6% to 6.5% for next fiscal. However, it said that 2019-20 GDP would be around 5%, lower than 7% which it predicted in previous economic survey.

“This is a highly optimistic projection considering that Gross Domestic Product (GDP) growth for 2019-20 is likely to be below 5%,” said M K

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