The Economic Survey document will give insights into the state of the economy and various indicators of 2023-24 (April-March) and some outlook for the current year.
It is prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance and formulated under the supervision of the Chief Economic Adviser. It may also give some idea about the tone and texture of the Union Budget.
Originally, it was a part of the Budget document, but it was separated and presented before the Union Budget in the 1960s.
Look for the document’s theme. For example, in 2022, the central theme was ‘Agile Approach’, and it focused on India’s economic response to the COVID-19 pandemic. In 2023, it was ‘Recovery Complete’, focusing on the economy’s recovery from the pandemic-induced contraction, the Russian-Ukraine conflict and the post-pandemic growth path.
ANI
