The Economic Survey to be tabled in Parliament tomorrow is likely to suggest a series of steps to arrest the declining GDP growth, which is estimated to be at the decade-low of 5 per cent in the current fiscal. Prepared by a team of economists, led by Chief Economic Advisor Raghuram Rajan, the Survey is likely to make a strong case for accelerating economic reforms to neutralise domestic and global factors which have stymied growth.

As the official assessment of the country's economy, the Survey is customarily tabled in Parliament by Finance Minister ahead of the General Budget. The document is viewed as being important because it prescribes steps for the government to deal with various economic problems, leaving the onus of taking hard decisions on the government.