<h1>Economic Survey 2019-20: Advocates Pro-Business Policies, Warns Against Cronyism for Achieving $5 Trillion Economy Goal.</h1> The Economic Survey 2019-20 emphasizes the importance of pro-business policies for India to achieve a $5 trillion economy, highlighting the benefits of competitive markets and creative destruction since the 1991 economic liberalization. It warns against pro-crony policies that erode wealth by favoring specific interests, leading to inefficiencies and market failures. The survey illustrates this through the performance of equity markets and sectors like services surpassing manufacturing. It criticizes crony practices like discretionary resource allocation and wilful default, which divert resources from productive activities, urging a shift to market-based allocations to foster economic growth and wealth creation.