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The Economic Survey 2024 calls for a 'tripartite compact'. Which of the following is NOT a part of it? 
Question

The Economic Survey 2024 calls for a 'tripartite compact'. Which of the following is NOT a part of it? 

A.

Private sector

B.

Foreign investors

C.

Central government 

D.

State governments

Correct option is B

The correct answer is: (b) Foreign investors

Explanation:

  • The Economic Survey 2023–24 advocates for a tripartite compact involving the private sector, central government, and state governments.This compact aims to foster mutual trust and collaboration to accelerate India's journey toward becoming a developed nation by 2047.

  • While the private sector and government entities are integral to this compact, foreign investors are not explicitly mentioned as part of this collaborative framework.

Additional Information:

  • The Survey emphasizes the need for the private sector to take responsibility for job creation and long-term investment.It also calls for central and state governments to trust the private sector and allow them the freedom to operate effectively.The public is encouraged to take responsibility for their finances and health.

  • The role of foreign investors is acknowledged in the Survey, particularly concerning Foreign Direct Investment (FDI) inflows.However, their involvement is not part of the proposed tripartite compact.

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