InvestorQ : What is the Economic Survey?
Radhika Arya made post

What is the Economic Survey?

2 years ago

Economic Survey is the flagship annual document presented by the Ministry of Finance in both houses of the Parliament a day prior to presenting the Union Budget. This document is like a report card of the government and highlights all one-year developments in the Indian economy and outlines the broad direction of the Budget.

This document summarises the government’s performance on major development programmes or policies and highlights the various policy initiatives of the government.

It is one of the most informative document which gives a detailed account of how the economy is doing as well as the overall economic situation of the country in the backdrop of global economy.

The Economic Survey sets the backdrop for the Union Budget so that the proposals made in the Budget speech, as well as the need for them, can be understood better.

The Economic Survey kick starts the Budget proceedings and will be presented on January 31, 2019 in the Parliament.