The Indian government is preparing to present the Economic Survey 2023-24 to Parliament, offering a pre-budget analysis of the country’s economic performance. This report, compiled by the Economic Division of the Ministry of Finance, will be presented by Finance Minister Nirmala Sitharaman a day before the full budget for 2024-25.
The survey will provide insights into the state of the Indian economy for the fiscal year 2023-24 (April-March), including growth prospects, challenges, and key economic indicators like GDP growth, inflation, and the budget deficit. This year’s survey is particularly significant as India has maintained its position as the world’s fastest-growing economy despite challenges faced by other major economies.
The survey’s central theme, which often highlights specific economic concerns or strategies, will be closely watched. In previous years, the themes focused on India’s response to the COVID-19 pandemic and subsequent economic recovery. This year’s survey is expected to offer further guidance on the country’s economic trajectory.
The presentation of the Economic Survey is a key event leading up to the Union Budget, which will be presented by Finance Minister Sitharaman. This upcoming budget will mark her seventh, surpassing the record held by former Prime Minister Morarji Desai.
