INSUBCONTINENT EXCLUSIVE:
The Economic Survey usually provides policy perspective for the Union Budget.The Economic Survey, which is released ahead of Budget,
summarises the annual economic development in the country
It facilitates a better appreciation of the mobilisation of resources and their allocation in the Budget
The government is due to present the interim budget in Parliament on February 1 this year
That will mark the last budget before the general election due by May this year
Are Some Of The Important Budget Terms You Should Know)1
The Economic Survey analyses the trends in agricultural and industrial production, infrastructure, employment, money supply, prices,
imports, exports, foreign exchange reserves and other relevant economic factors which have a bearing on the Budget.2
The flagship document of the finance ministry, the Economic Survey, provides detailed statistical data covering all aspects of the
necessary to group them in terms of certain economic magnitudes, for example, how much is set aside for capital formation, how much is spent
directly by the government and how much is transferred by the government to other sectors of the economy by way of grants, loans, etc
This analysis is contained in the Economic and Functional Classification of the central government Budget which is brought out separately.5
expectations, tax and policy announcements here
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