Every year, a day before the Union Budget, the Chief Economic Adviser comes out with the Economic Survey for the year. This year, breaking with tradition, since an interim budget was being presented, the Government deferred publication of the Economic Survey.
The year 2024 is an election year in India, and the Economic Survey gives an analysis of the past year’s performance and future outlook.
The Bihar government on Tuesday released the economic survey report in the state assembly.
The National Capital’s per capita income has always been around 2.6 times higher compared to the national average both at the current and constant prices, the Economic Survey said.
The Per Capita Income of Delhi at current prices reached at the level of Rs 389,529 in 2021-22 as compared to Rs 331,112 in 2020-21.
The survey said that India's economic recovery from the Covid pandemic is complete and the economy is expected to grow in the range of 6 percent to 6.8 percent
Sitharaman will lay the document in the Lok Sabha after the conclusion of President Droupadi Murmu's address to both Houses of Parliament.
On the whole, the understanding, vision and erudition of the Economic Survey disappoints neither the student nor the seasoned economist. The Survey would, indeed, have been priceless, had it not obscured its perspicacity and scholarship by brevity and circumspection at crucial junctures
The Economic Survey favours economic growth over distributive justice, ignoring the fact that in recent times, the fruits of our progress have gone disproportionately to the rich and in fact, the spending power of the poor has declined sharply
The GDP is projected to contract by a record 7.7 per cent in the current fiscal ending March 31, 2021, deepest contraction in four decades.
