1. Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-24 in the Lok Sabha on Monday.
2. This presentation comes a day before the Union Budget 2024 is unveiled.
3. The survey reviews India’s economic performance and forecasts for the upcoming financial year.
New Delhi, July 22: On Monday, Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 in the Lok Sabha, a day before presenting the first full-fledged Union Budget of the NDA government’s third consecutive term.
The Economic Survey provides a detailed review of India’s economic performance over the past financial year.
Prepared by the Department of Economic Affairs under the guidance of the Chief Economic Advisor (CEA), the survey summarizes government economic performance, major development programs, and policy initiatives.
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The survey also offers forecasts for the upcoming financial year, guiding policy decisions and shaping economic strategies.
It is divided into two parts: Part A reviews broad economic developments and challenges, while Part B covers specific areas such as social security, poverty, education, healthcare, and climate issues.
This comprehensive analysis aids in setting priorities and identifying sectors needing additional support and funding.
