Economic Survey to be presented by Chief Economic Advisor V Anantha Nageswaran on Monday

Economic Survey FY24: The Economic Survey for the financial year 2023-24 is scheduled to be released in the Lok Sabha as well as the Rajya Sabha on Monday, July 22. While the annual financial document will be presented in the House of the People, the lower house of Parliament, at 1 pm, it will be tabled in the Rajya Sabha, the upper house of Parliament, at 2 pm. 

The release of the crucial document will be followed by a press conference by Chief Economic Advisor Dr V Anantha Nageswaran at 2:30 pm. 

Watch Chief Economic Adviser to the Government of India, Dr. V. Anantha Nageswaran’s Press Conference on Economic Survey 2023-24 TOMORROW

 02.30 pm

 22nd July 2024

National Media Centre

Stay tuned and watch out for LIVE updates on

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— Ministry of Finance (@FinMinIndia) July 21, 2024

The Economic Survey of India is an annual document prepared by the Ministry of Finance, Government of India, usually presented to the Parliament a day before the Union Budget.

Here are five important things to know about the Economic Survey: 

• The Economic Survey provides an overview and analysis of the performance of the Indian economy over the past year. It reviews various sectors such as agriculture, industry, services, and infrastructure.
• It offers policy suggestions and recommendations for the upcoming financial year to achieve sustainable and inclusive economic growth. These recommendations are based on data-driven analysis and research conducted by economists and experts.
• The survey presents key macroeconomic indicators such as GDP growth rate, inflation rate, fiscal deficit, current account deficit, and other relevant economic parameters.
• It also provides detailed insights into specific sectors of the economy, highlighting strengths, weaknesses, opportunities, and challenges. This includes analysis of employment trends, poverty alleviation efforts, and social sector development.
• The survey may also include comparisons with global economic trends and policies, providing a broader context for understanding India’s economic position in the global economy.

The survey serves as an important input for the government in formulating fiscal policies, budgetary allocations, and sector-specific interventions.It enhances transparency in economic policymaking by providing an objective assessment of economic performance and challenges.