The Economic Survey is seen projecting growth of 6 per cent to 6.5 per cent in the next year starting April 1, boosted by a series of fiscal measures to revive demand that the government is likely to announce in the budget, a source said on Friday.
India faces its worst economic slowdown in a decade. Growth slipped to 4.5 per cent in the July-September quarter, imperilling job prospects for millions of young people entering the workforce each year.
The government has estimated gross domestic product expansion at 5 per cent for the financial year ending on March 31, which would be the slowest pace since the global financial crisis of 2008-09.
An Economic Survey by Chief Economic Adviser Krishnamurthy Subramanian will be officially announced later in the day and the government will present its Union Budget on Saturday.
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