Govts should renounce some powers to help improve governance: Eco Survey

Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-24 before the Union Budget in Lok Sabha. Chief Economic Advisor V Anantha Nageswaran's team highlighted India’s USD 3.6 trillion GDP growth, improved human development, and burdens on small enterprises. The report advocates for a tripartite compact to tackle global conflict and suggests renouncing government powers for greater freedom.