What is Economic Survey?

Economic Survey:

  • Economic Survey is a flagship annual document of the Ministry of Finance, Government of India
  • Economic Survey reviews the developments in the Indian economy over the previous 12 months, summarizes the performance on major development programmes, and highlights the policy initiatives of the government and the prospects of the economy in the short to medium term.
  • This document is presented to both houses of Parliament during the Budget Session, on a day before the presentation of Union Budget by Finance Minister of India.

Who Prepares Economic Survey?

  • The Economic Survey 2017 has been prepared by Chief Economic Adviser in the finance ministry Mr. Arvind Subramanian.