<p>CPI(M) general secretary Sitaram Yechury on Thursday alleged that the Economic Survey is full of "bombastic" claims and "grandiose" declarations, but lacks basic facts.</p>.<p>The Left leader also said the survey "whitewashes" the "terrible" economic record of the last five years and hit out at the government over the resignation of top RBI officials.</p>.<p>The pre-Budget Economic Survey said India's economic growth will rebound from a five-year low this year, but would need a huge boost in spending and reforms to accelerate higher rate of expansion to double the economy's size to USD 5 trillion by 2024-25.</p>.<p>Stepping up private investments, exports and job creation will be key to achieving the target, the survey, presented in Parliament by Finance Minister Nirmala Sitharaman, said.</p>.<p>"The Economic Survey is full of bombastic claims and grandiose declarations without any basis in facts. Any growth strategy based on private investment will be a non-starter; economic growth needs more purchasing power amongst people, not more investment with higher unemployment," Yechury tweeted.</p>.<p>The survey "glosses over the major challenges faced by millions of Indians and whitewashes the terrible economic record of past five years", he said.</p>.<p>"The departure of so many RBI governors and previous CEA tells us of the harsh reality," the CPI (M) leader said on Twitter. </p>
<p>CPI(M) general secretary Sitaram Yechury on Thursday alleged that the Economic Survey is full of "bombastic" claims and "grandiose" declarations, but lacks basic facts.</p>.<p>The Left leader also said the survey "whitewashes" the "terrible" economic record of the last five years and hit out at the government over the resignation of top RBI officials.</p>.<p>The pre-Budget Economic Survey said India's economic growth will rebound from a five-year low this year, but would need a huge boost in spending and reforms to accelerate higher rate of expansion to double the economy's size to USD 5 trillion by 2024-25.</p>.<p>Stepping up private investments, exports and job creation will be key to achieving the target, the survey, presented in Parliament by Finance Minister Nirmala Sitharaman, said.</p>.<p>"The Economic Survey is full of bombastic claims and grandiose declarations without any basis in facts. Any growth strategy based on private investment will be a non-starter; economic growth needs more purchasing power amongst people, not more investment with higher unemployment," Yechury tweeted.</p>.<p>The survey "glosses over the major challenges faced by millions of Indians and whitewashes the terrible economic record of past five years", he said.</p>.<p>"The departure of so many RBI governors and previous CEA tells us of the harsh reality," the CPI (M) leader said on Twitter. </p>