Economic Survey 2024: Finance Minister Nirmala Sitharaman will present the Union Budget 2024 on July 23. The Monsoon Session will have 19 sessions from Monday till August 12, when the government is expected to table 6 bills. Finance Minister Sitharaman will present the Economic Survey in Parliament on July 22
The Economic Survey comes a day ahead of Union Finance Minister Nirmala Sitharaman’s budget presentation on Tuesday (July 23, 2024).
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Understanding India’s Economic Thesis
Economic Survey comprising Volume I, Volume II and Statistical Appendix is published annually by the Economic Division of the Department of Economic Affairs under the Ministry of Finance. It provides a comprehensive review of the performance of the Indian economy in the previous financial year, ahead of the Union Budget presentation.
Economic Survey 2024: Key Points
History: Initially presented with the Union Budget from 1950-51 to 1964, it was then bifurcated and presented before the Budget.
Product: The survey is compiled under the guidance of the Chief Economic Adviser (CEA).
Presentation: The Economic Review is presented to Parliament by the Finance Minister of India.
Why is economic analysis important?
Tabled in both houses of Parliament, the document reviews economic developments, informs the budget priorities for the coming year and highlights areas that require emphasis. It reviews the developments in the Indian economy during the last financial year.
Economic Survey 2024: Where to View and Download
- Live Streaming: Sansad TV and PIP India will do live streaming
- Ministry of Finance Facebook- https://www.facebook.com/finmin.goi
- Live Updates: Follow on Twitter @FinMinIndia.
- Download and access the Economic Survey documents on the India Budget website after release. https://www.indiabudget.gov.in/economicsurvey/
This comprehensive document is an important precursor to the annual budget process, providing insights into India’s economic trajectory and policy priorities.
Nirmala Sitharaman is all set to present her seventh Union Budget, becoming the first finance minister to achieve this milestone, breaking Morarji Desai’s record of six budgets. Like recent budgets, Budget 2024 will be tabled paperless. The Interim Union Budget 2024 was presented on February 1 due to the upcoming general elections in the country.
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