Economic Survey of India
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What is the Economic Survey?
The Economic Survey of India is an annual document released by the Ministry of Finance, Government of India, one day before the Union Budget. It reviews the developments in the Indian economy over the past financial year, summarizes the performance of major development programs, and highlights policy initiatives of the government.
The survey is prepared by the Department of Economic Affairs under the guidance of the Chief Economic Advisor. It acts as a key source of authentic data and analysis for UPSC aspirants, especially for GS Paper 3 (Economy), Essay, and the Interview stage.
Why Read the Economic Survey for UPSC?
- Provides data-backed insights into government schemes and fiscal trends
- Essential for understanding macroeconomic indicators (GDP, inflation, current account, etc.)
- Rich source of examples, case studies, and reform recommendations
- Includes key themes like digital economy, green growth, employment trends, etc.
- Highly recommended by toppers and UPSC mentors