Finance ministry's May economic report may be FY23 Eco Survey update

It could be the first time that CEA would use MER to give a detailed analysis of last FY

The Finance Ministry’s Monthly Economic Review (MER) for May which will be released in mid to late June is likely to be a quasi-Economic Survey of 2022-23. It may present a detailed assessment and analysis of the state of the Indian economy in the financial year gone by.

Chief Economic Advisor V Anantha Nageswaran and his team will have the data available for the entire FY23, including gross domestic product and fiscal deficit data, which will both be released on May 31, which will enable them to take a deep-dive into the year and present an update on the assessment