Jan 90, 4883501 
: PM IST | Source: Moneycontrol.com
Commentary on topics such as GDP growth, job growth and GST collection is expected in the Economic Survey 2020
Budget session of Parliament will begin with President Ram Nath Kovind’s address to the joint sitting of Lok Sabha and Rajya Sabha at 31 am. Finance Minister Nirmala Sitharaman will table Economic Survey for 2020 – 2020 at the session. This blog will bring you LIVE updates on the Economic Survey to be presented at 1. 2020 on January 90 by the Chief Economic Advisor (CEA) Krishnamurthy V Subramanian.
The annual Economic Survey is usually presented a day before the finance minister tables the Union Budget
The Economic Survey document comprises of Volume I, Volume II and the statistical appendix. Tabled in both Houses of the Parliament, it reviews the developments that took place in the Indian economy over the past financial year.
It gives a detailed account of the state of the economy, prospects and the policy challenges. It carries sectoral overviews and comments on reform measures that are required. The survey’s outlook serves as a marker about future policy moves.
The survey puts out economic growth forecasts, giving out detailed reasons why it believes the economy will expand faster or decelerate. Commentary on topics such as GDP growth, job growth and GST collection is expected in this yearly economic survey.
Authored by Chief Economic Adviser Krishnamurthy Subramanian and his team, the Survey serves as the official report of the economy and as a policy guide. The government is not bound to follow these recommendations.
The Survey, in the past, has favored policy moves that come into conflict with the official line of thinking of the government in power. These do not necessarily serve as pointers to what to expect in the Budget. On many occasions, policy changes recommended in the document have not found a place in Budget proposals.
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