Economic Surveys

Economic survey in India is a path; finding measure adopted for the preparation of a visionary union budget. Before chalking out any economical plan the government conducts surveys to assess the current problems and its future solutions. The annual Economic Survey in India acts as a preliminary macro-economical budget plans and proposals.

The Union Finance Ministry in association with the Central Statistical Organization (CSO) prepares the annual Economic Survey reports and it is presented in the parliament just one day before the union budget. The Economic Survey contains various macro-economic reviews which further considered as a solid impetus for better budgetary solution. The ultimate aim of this survey is to assess the required macro economical strategies and action plan for a fiscal year.

The annual Economic Survey is carried out by considering several macro economic indicators, which are the main components of our economy. This survey highlights the sector wise growth rate and predicts future growth trend in Gross Domestic Products (GDP) and Gross National Products (GNP). It also forecasts the growing trends of inflation rate, foreign exchange and balance of payments. The Economic Survey addresses wide range of socio- economical issues such as poverty, unemployment, infrastructural developments and investment.