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Ecoholics Explains

“Economic Survey, What’s That?“


Economic Survey - What's the scoop?

The Economic Survey reviews the development


of various sectors of the Indian economy,
including agriculture, services, industries, public
finance, and infrastructure, during the previous
12 months.

Highlights

Initiatives undertaken by the government.

Put forwards performance of


major developments policies
and programs
Who prepares it?

Economic Survey is prepared by the


Department of Economic Affairs under the
Ministry of Finance and generally presented
by the Chief Economic Advisor (CEA).

Objective

This is prepared as a
comprehensive summary of
the Indian economy during
the financial year.
It’s divided into two parts

A
Overview of the economy, including
major economic developments
throughout the year.

Focus on specific areas such as social

B security, poverty, education, healthcare,


human development, and climate.
Will it be presented in
Interim Budget 2024?

The Finance Ministry may present a brief


survey detailing India's economic state
similar to an Economic Survey before the
interim budget on February 1, 2024.
The full annual financial statement is normally
presented in June or July after the elections.
Now you know! The Economic Survey is a report
that informs about the state and direction of the
economy. It serves as a basis for the Union Budget
and helps the government, policymakers, and
researchers to understand the economy.

Stick around and we'll fill you with more such


information!

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