Economic Survey 2025: Finance Minister Nirmala Sitharaman will present the Economic Survey 2024-25 before the Union Budget 2025 in Parliament today. The Budget session commences on January 31, 2025, with the Budget presentation scheduled for February 1, 2025.
Every year, economists and experts look at the Economic Survey document for an understanding on how the Indian economy has performed in the year gone by and the future economic prospects across sectors.
What is Economic Survey & who prepares it?
The Economic Survey is a comprehensive report prepared by the Economic Division of the Department of Economic Affairs, Ministry of Finance, under the chief economic adviser’s supervision.
This annual document provides detailed analysis of the economy’s performance, financial indicators for the fiscal year, and future projections. It is likely to indicate the direction of the upcoming Union Budget 2025-26.
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The comprehensive analysis presents economic trends and sectoral progress, while also offering projections for the upcoming fiscal year.
The report is likely to evaluate crucial economic indicators, including growth deceleration, rupee depreciation against the US dollar, and reduced consumer spending patterns.
These assessments frequently introduce innovative solutions to address critical issues such as poverty reduction, climate change mitigation, educational advancement, infrastructure enhancement, and financial sector development.
The Economic Survey originated in 1950-51 as part of budget documentation. During the 1960s, it became a separate presentation delivered before the Union Budget. The survey’s central theme generates significant interest.
The document comprises sectoral analyses and additional chapters addressing current economic priorities. Stakeholders particularly focus on the finance minister’s key announcements and the government’s economic outlook.
Economic Survey 2025: Date, time
The pre-budget document will be presented in Parliament on Friday, January 31, 2025, between 12:00 PM and 1:00 PM. Chief Economic Advisor V. Anantha Nageswaran will then address the media at 2:30 PM.