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The committee recommended that water may be treated as the ‘determining factor’ of production- rather than considering it as a mere input. Following measures were emphasized: Efficient use of water – 2 to 2.5 million hectares under micro-irrigation per year ; Saving on ground water and its sustainability through recharge.
The committee also recommended the following: Recognize agriculture in India as an enterprise- that is based on the principles of profit; Enable farm owners to transit from the status of cultivators to farm managers by outsourcing all possible farm operations, so as to achieve both resource use efficiency and effective outcome, besides realising reduced cost of cultivation.

Small and marginal holdings constitute 47%, Semi-medium and medium operational holdings (2-10 ha) constitute 43% and large holdings constitute 9%. Fragmentation of land inhibits the ability of farmers to reap economies of scale in agricultural operations and invest in mechanisation. It further leads to decline in productivity and thus declining land capability. Further, there is an inverse relationship between indebtedness and the size of land holding. In Bihar and West Bengal, more than 80% of agricultural households with marginal landholdings are indebted.

Under the scheme, financial benefit of ₹ 6,000 per year will be provided to all 14.5 crore farmers in the country, irrespective of the size of their landholding. However, certain categories of beneficiaries of higher economic status such as institutional land holders, former and present holders of constitutional posts, persons who paid income tax in last assessment year etc. shall not be eligible for benefit under the scheme. The lists of eligible beneficiaries would be published at the village level to ensure transparency.
For the first time, an attempt has been made to transfer income directly to farmers without using price (of either inputs or output) as a policy tool. Earlier, the focus has mainly been on provision of inputs at lower price (input subsidies) and provision of a higher output price (MSP).

The balance premium is to be paid by state and central government in equal proportions.
The PMFBY operates on an area approach. Thus, all farmers in a particular area must pay the same premium and have the same claim payments. Public sector insurer(Agriculture Insurance Company of India, United India Insurance Company etc.) and private insurance companies are empaneled for implementation of the scheme. Recently, states have been allowed to set up their own insurance companies for implementing the scheme.

The survey has pointed out how ethical companies benefit all stakeholders involved, ie, the employees of the company, suppliers of raw material to the company, government and to the common citizens of the country.
The survey highlighted that there still exists a scepticism about the benefits accruing from enabling the invisible hand of market i.e. increasing economic openness of our country and that scepticism has to go for India to grow. To support this argument, survey has taken examples from different sectors such as banking, mutual funds, ports, etc. to show that since 1991, sectors that were liberalized grew significantly faster than those that remain closed.

There exists a spatial heterogeneity in distribution of Entrepreneurial Activity in India i.e. varied level of entrepreneurial activity across the districts. However, irrespective of the level of entrepreneurial activity, all regions demonstrate a strong relationship between entrepreneurship and Gross Domestic District Product signifying the pervasive benefits of entrepreneurship. Further, there exists a high negative spatial correlation between entrepreneurial activity in manufacturing sectors and unemployment rate in the district which means that unemployment rate reduces significantly when new firms in the manufacturing sectors increase.

It is pro-business policies and not pro-crony policies that have led to creative destruction. Example of coal allocation has been sighted to describe how ending discretionary allocation has led to greater efficiency. Further, crony policies and processes collectively extract a larger share of existing wealth instead of expanding available wealth. Thus, creating a cycle of wealth destruction.
(A World Bank study of cronyism in Ukraine found that the country would grow 1 to 2 per cent faster if all political connections were eliminated.)

India has made significant progress in enhancing economic freedom. But it still counted as a shackled economy. The survey does not argue that there should be no Government intervention but eliminating instances of needless Government intervention will enable competitive markets and thereby spur investments and economic growth. While the ideal of a completely efficient market is rare, the costs of Government intervention may outweigh the benefits when “market failures” are not severe.

Survey has identified 2 groups of industries that hold the greatest potential for export growth and job creation., ie, Traditional unskilled labour-intensive industries such as textiles, clothing, footwear and toys and Network products(“producer driven” networks wherein products are not produced from start to finish within a given country; instead, countries specialize in particular tasks or stages of the good’s production sequence depending on its comparative advantage)

The Survey observes that India’s banks are disproportionately small when compared to: size of the economy (GDP), development of the economy (GDP per capita) and population. Using international examples, the survey estimates that in relation to the size of the Indian economy, we should have at least six banks in the global top 100.
The survey recommends the creation of a PSB network similar to GSTN. PSBN completes the KYC process and generates a credit profile of the customer seeking loan. Based on this profile the PSB takes the decision on the amount and rate of loan to be given.