Economic Survey to be tabled in Indian Parliament. What is it? When, where and how to watch

India's Union Finance Minister Nirmala Sitharaman will be presenting the Economy Survey on Monday (Jul 22) - a day before presenting the Union Budget for the first time (seventh overall) under the third term of Prime Minister Narendra Modi.

What is Economic Survey?

The Economic Survey is an exhaustive and detailed annual report analysing the performance of the Indian economy over the past year and detailing insights.The pre-budget document is typically presented by the Chief Economic Adviser (CEA).

Usually, the Economic Survey is tabled on January 31, a day before the Budget is presented in the parliament on February 1. However, owing to the 2024 Lok Sabha elections, the process was postponed and instead, a report titled "Indian Economy – A Review" was released.

Who prepares the Economic Survey?

The Economic Survey is prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance.

When will the Economic Survey be presented?

The Economic Survey will be tabled on Monday (Jul 22) at 2:30 pm Indian Standard Time (IST) by Union finance minister Nirmala Sitharaman.Chief Economic Adviser Anantha Nageswaran will be holding a press conference after the survey is presented.

When was the first Economic Survey presented?

The first economic survey reportedly came into existence in 1950-51, when it used to be a part of the budget documents. However, in the 1960s, the survey was separated from the Budget documents and presented a day before the Union Budget.

What to expect from Economic Survey?

The Economy Survey document may give some idea about the tone and texture of the actual Budget for 2024-25, to be presented on Tuesday (Jul 23).

What were the themes of previous Economic Surveys?

Last year, the key theme of the Economic Survey was 'Recovery Complete' as India was looking to bounce back after the COVID-19 pandemic while manoeuvring the international economy in the backdrop of Russia-Ukraine war.

In 2022. the central theme was 'Agile Approach' that focused on the country's economic response to COVID-19 pandemic.

Where to watch the Economic Survey?

The Economic Survey and its presentation will be broadcastlive on Doordarshan, Sansad TV and their respectiveYouTube channels while the Press Information Bureau (PIB) India will live-stream it.