BANKING AFFAIRS

Detailed explanation-1: -The Economic Survey of India is an annual document of the Ministry of Finance, Government of India. The Department of Economic Affairs, Ministry of Finance presents the Survey in the Parliament every year, just before the Union Budget. It is prepared under the guidance of the Chief Economic Adviser of India.

Detailed explanation-2: -The Economic Survey of India is an annual report released by the Finance Ministry.

Detailed explanation-3: -It is prepared under the guidance of the Chief Economic Advisor (CEA), who also presents it in both Houses of Parliament during the budget session. Further Reading: Union Budget 2021.

Detailed explanation-4: -NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday presented the Economic Survey in Parliament ahead of the Union Budget to be presented on Wednesday. The Economic survey is mainly the government’s review of how the economy fared in the past year.

Detailed explanation-5: -It is prepared by the Economic Division of the Department of Economic Affairs (DEA) under the guidance of the CEA. Once prepared, the Survey is approved by the Finance Minister.