{"id":2602,"date":"2022-02-05T11:09:00","date_gmt":"2022-02-05T11:09:00","guid":{"rendered":""},"modified":"2023-05-04T09:11:30","modified_gmt":"2023-05-04T09:11:30","slug":"top-8-things-to-know-about-the-economic-survey-the-precursor-to-the-budget-this-year","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/top-8-things-to-know-about-the-economic-survey-the-precursor-to-the-budget-this-year\/","title":{"rendered":"Top 8 things to know about the Economic Survey \u2013 The Precursor to the Budget this year."},"content":{"rendered":"
<\/div>\n

In the introductory chapter, we promised you a deep dive into the Budget<\/a> FY23. But before we get into details, a look at India’s economic survey is a must.  <\/span><\/p>\n\n\n\n

What is the Economic Survey and why does it matter? <\/strong><\/p>\n\n\n\n

The Chief Economic Advisor of India puts forth the Economic Survey every year before the Budget presentation. The survey evaluates the trends in economic factors such as employment, agricultural and industrial production, infrastructure, money supply, prices, imports, exports, foreign exchange reserves, and other relevant economic factors that affect the Budget.<\/span><\/p>\n\n\n\n

Yes, the survey looks at these whole host of factors. <\/span><\/p>\n\n\n\n

The economic survey helps in the effective mobilization of resources and their allocation in the Union Budget<\/a>.<\/span><\/p>\n\n\n\n

Now that we know what the economic survey is. <\/span>Let us look at the <\/span>highlights<\/strong>.<\/span><\/p>\n\n\n\n

Finance Minister Nirmala Sitharaman tabled the Economic Survey 2021-22 in Lok Sabha. The report projected the economy would grow by 8-8.5% in FY23. She declared India is well-placed to meet the future challenges based on the widespread vaccine coverage, supply-side reforms, easing of regulations, robust export growth, and the opportunities to ramp up capital spending.<\/span><\/p>\n\n\n\n

Highlights of the Economic Survey<\/strong><\/p>\n\n\n\n