The Economic Survey represents the country’s economic trends and ensures a better appreciation of the resource mobilization and their allocation in the Union Budget. It analyzes the agricultural, industrial, employment, import, and export trends in the country.
The survey also directs the Gross Domestic Product for the coming financial year and comprises insights into India’s economic growth.
Finance Minister Nirmala Sitharaman represents the country’s annual pre-budget economic survey at Parliament on January 31, 2023. According to the Economic Survey 2022-23, the following fiscal year will see real GDP growth of 6.5 percent.