Another feel-good survey. Will it be for real this time?

Happy days are here again, says the pre-budget Economic Survey. GDP growth is going to pick up from this year's 5% to range between 6.1% and 6.7% in 2013-14. Wholesale price inflation will fall to 6.2-6.6% by March despite hike in diesel prices and higher rail fares and freight rates, and the medium-term price trend is distinctly downward, especially for nonfood manufactures.

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