Budget 2019: Economic Survey to be presented in House today, Know What's Related to Budget

Jul 04 2019 12:16 PM
Budget 2019: Economic Survey to be presented in House today, Know What's Related to Budget

NEW DELHI: Chief Economic Advisor K.V. Subramanian will present the Economic Survey in the House on Thursday ahead of the Budget. After the Economic Survey, Union Finance Minister Nirmala Sitharaman will present the Budget 2019 on Friday.

Like every time, the economic survey is being presented just a day before the General Budget. The survey records the country's growth annually. The survey details the progress made in the country's economy and government plans in the past year.

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It is through the Economic Survey that the picture of the country's economic health is clear. It is a very important document of the Finance Ministry. The survey is considered to be the most authentic document for the Indian economy. It is prepared by the Chief Economic Advisor in the Ministry of Finance. It is based on detailed statistical data, taking into account all aspects of the economy. It contains information about government policies.

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After 2015, the Economic Survey was divided into two parts. The first part is briefed on the state of the economy. It is released before the General Budget. The second part contains key data and data, introduced in July or August. It began to be released in two parts when the General Budget in February 2017 was introduced in the first week instead of the last week of February.

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