Eco Survey updates: FM Nirmala Sitharaman on Monday presented Economic Survey 2023-24 in Lok Sabha

Economic Survey 2024 news: The Economic Survey stated that short-term inflation outlook seems benign, but India faces persistent deficit in pulses

10:49 AM

Positive outlook, investment, performance define India, says PM Modi

"An important session is starting on this auspicious day. I extend my greetings to the countrymen on the first Monday of Sawan. The monsoon session of Parliament is starting today. Today the whole country is looking at it. This should be a positive session," Prime Minister Modi said today ahead of the start of the Monsoon session of the Parliament. Positive outlook, investment, performance define India, it is at peak of opportunities, PM Modi added today. 

 

10:40 AM

Budget will set strong foundation for 'Viksit Bharat', says PM Modi

"The Budget session is an important destination in our democracy's proud journey, a government has come back to power for the third term after 60 years," Prime Minister Narendra Modi said today.

10:34 AM

When was the first Economic Survey presented?

The first Economic Survey of India was presented in 1950-51 as a part of the Union Budget. Since 1964, the survey has been decoupled from the Budget presentation. Since then, it has become customary to release the Economic Survey just a day prior to the presentation of the Union Budget.

10:15 AM

Who prepares the Economic Survey?

The Economic Survey is prepared by the Economic Division of the Department of Economic Affairs, which is part of the Ministry of Finance, under the direct supervision of the Chief Economic Adviser.

10:06 AM

Economic Survey 2024 LIVE news updates: CEA to hold press conference at 2:30 pm

Chief Economic Advisor Dr V Anantha Nageswaran will provide details on the state of the Indian economy in a press conference at 2:30 pm today.

9:58 AM

What does the data in the Economic Survey comprise of?

The Economic Survey's data encompasses a comprehensive array of economic indicators, including but not limited to:

-Gross Domestic Product (GDP) growth rates

-Inflation figures

-Employment statistics

-Fiscal deficit measurements

 

9:30 AM

Economic Survey 2024: When and where to watch Economic Survey?

The Economic Survey for 2023-24 will be unveiled according to the following timetable: The survey will be presented in Lok Sabha today at 1 pm and in Rajya Sabha at 2 pm. The press conference will take place 02:30 pm at NMC.

9:21 AM

What did last year's Economic Survey suggest?

The Economic Survey for 2022-23 stated that the economy will likely grow at the pace of 6.0-6.8 per cent in 2023-24, with a baseline real GDP growth rate of 6.5 per cent, due to a rebound in private consumption, and higher capital expenditure.

9:16 AM

Union Budget 2024: What is the Economic Survey?

The Economic Survey of India is a crucial annual report submitted to Parliament prior to the Union Budget presentation. This comprehensive document assesses India's economic progress during the preceding fiscal year and gives details on the outcomes of significant government development initiatives

8:54 AM

FM Nirmala Sitharaman to table Economic Survey document in Parliament today

A day ahead of the presentation of the Union Budget, Finance Minister Nirmala Sitharaman is scheduled to table the Economic Survey 2023-24 along with a statistical appendix in Parliament.