Concept:
The Economic Survey is the flagship annual document of the Government of India, reviewing the developments in the Indian economy over the past financial year.
• Timing: It is traditionally presented in Parliament one day before the Union Budget.
• Authorship: It is prepared by the Economic Division of the Department of Economic Affairs.
Step 1: Identifying the Key Architect.
The survey is prepared under the guidance of the
Chief Economic Advisor (CEA).
It provides a detailed analysis of various sectors like Agriculture, Industrial Production, Infrastructure, and Employment.
Step 2: Determining the Publishing Authority.
The document is officially released by the
Ministry of Finance.
The Finance Minister presents it in the Lok Sabha, serving as a background to the Budget by highlighting the state of the nation's finances.