Before the budget to be presented on 23rd July, the economic survey report of the country will be presented in the Lok Sabha on Monday (22nd). In this, the account of the work of the previous financial year of the central government will be presented. Due to which, the report card of the previous financial year of the government will be revealed tomorrow.
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Union Finance Minister Nirmala Sitharaman will present the budget on July 23. A day before that, on July 22, the Economic Survey report will be submitted tomorrow. This is an important tradition of budgeting. The Economic Survey is in a way the report card of the government. In this, the work of the last financial year is reviewed. It is reviewed. How much and how the development plans of the government have been reviewed through this means.
What is special about financial surveys?
The Economic Survey provides a complete picture of the country's economy. It contains a comprehensive account of the state of the economy, prospects and policies. The financial survey report reviews the performance of all sectors in the previous financial years. Information about employment, GDP, inflation, fiscal deficit etc. is given. Only the statistics about this are presented. On this occasion, financial survey report by Chief Financial Advisor V. A team led by Ananth Nageswaran will present.
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Economic survey in two parts
Economic survey is the mainstay of economy. Economic survey provides detailed information on government policies, key economic statistics, sector-wise economic forecasts. In the second part, the statistics of various fields are presented. Based on that, information is given about the progress achieved in the field and the current status. An economic survey is presented a day before the presentation of the budget. The Department of Finance prepares the Economic Survey. The Finance Department under the Finance Department conducts Economic Surveys. Chief Financial Advisors keep a close eye on this process.
A tradition since 1964
How is the economic condition of the country from the economic survey. What can be the rate of development of the country in the future? This is estimated from economic survey. The Economic Survey is presented along with the Budget since 1964. However, the Economic Survey is presented a day before the Budget. This time the economic survey will be presented on July 22.
