New Delhi,

The central government will present the Budget 2024-25 on July 23 and before that the PM Modi-led government has presented the country's economic survey on the floor of Parliament. The Economic Survey 2023-24 was presented in the Lok Sabha at 12:10 pm. In this economic survey presented in the Lok Sabha, the government's entire focus has been on the private sector and PPP. India's GDP was mentioned in the Economic Survey FY25 presented by Modi 3.0. It said that the country's GDP growth is estimated to be 6.5 to 7 percent.

The country may feel a shock here
While the government has projected the country's GDP growth in the Economic Survey, it has also mentioned a major challenge in this economic survey. The government says that due to global challenges, the country may face a setback on the export front, but the government is fully alert about this as well. It has been said that there is a possibility of challenges in global business. In fact, global uncertainty can have an impact on capital flow.

This picture was presented regarding employment
Data on employment has been presented in this Economic Survey, which presents a complete picture of the health of the country's economy. It has been said that the country's annual unemployment rate has been declining since the Corona epidemic with the growth in the population ratio. In March 2024, the urban unemployment rate for the 15+ age group has come down to 6.7% from 6.8% last year. It has been said that about 57 percent of India's total workforce is self-employed. The youth unemployment rate has fallen from 17.8% in 2017-18 to 10% in 2022-23.

The effect of increasing pace of private investment was visible
Gross Foxed Capital Formation has been boosted due to the emphasis on capital expenditure by the government and the continuous increase in private investment. According to the Economic Survey, a strong increase of 9 percent has been registered in it in 2023-24.

Fiscal deficit expected to reduce
The Economic Survey has also expressed a hopeful outlook on the fiscal deficit. It has estimated that India's fiscal deficit is likely to come down to 4.5 percent by FY26. It has been said that the government's entire focus is on increasing the capacity of the states.

These big things of economic survey
CAPEX of Rs 72000 crore in airport sector
It is important to strike a balance between education and employment
Focus is necessary on increasing the capacity of the states
Emphasis on making India a global drone hub by 2030