<h1>Economic Survey 2019-20: Reduce Government Interventions, Revise Essential Commodities Act, and Optimize Drug Pricing for Growth.</h1> The Economic Survey 2019-20, presented by the Union Minister for Finance, emphasizes reducing excessive government intervention to enhance economic freedom and wealth creation. It criticizes the Essential Commodities Act of 1955 as outdated, suggesting its removal to promote market efficiency and wealth creation. The Survey also highlights the counterproductive effects of drug price regulation and advocates for leveraging government purchasing power to make drugs affordable. Additionally, it calls for a dynamic food subsidy policy to reduce inefficiencies and suggests that debt waivers disrupt credit culture, urging the government to minimize unnecessary market interventions to encourage economic growth.