Meaning of Economic Survey and its significance:
Economic Survey is succinct of the annual economic development of the economy keeping all the aspects in the account. The Chief Economic Advisor in the Ministry of Finance is responsible for preparing the economic survey. It provides detailed statistical data of the survey. It has details of various sectors and also is a source to implement and modify policy decisions.
Finance Minister, Nirmala Sitharaman tabled the Economic Survey 2019-2020 in the parliament today.
Following are the key heads under which the economic survey has been laid down:
- Wealth Creation: The Invisible Hand Supported by the Hand of Trust
- Entrepreneurship and Wealth Creation at the Grassroots
- Pro-business versus Pro-markets
- Undermining Markets: When Government Intervention Hurts More Than It Helps
- Creating Jobs and Growth by Specializing in Network Products
- Targeting Ease of Doing Business in India
- Golden jubilee of bank nationalisation: Taking stock
- Financial Fragility in the NBFC Sector
- Privatization and Wealth Creation
- Is India’s GDP Growth Overstated? No!
- Thalinomics: The Economics of a Plate of Food in India
- India’s Economic Performance in 2019-20
- Fiscal Developments
- External Sector
- Monetary Management and Financial Intermediation
- Prices and Inflation
- Sustainable Development and Climate Change
- Agriculture and Food Management
- Industry and Infrastructure
- Services Sector
- Social Infrastructure, Employment and Human Development
To read the detailed Highlights of the Economic Survey, Please follow the link given below:
Ministry of Finance
[Press Release dt. 31-01-2020]