Key Highlights from the Economic Survey 2023-2024 Tabled by Nirmala Sitharaman

Monday, 22 July 2024, 06:48

The Union Finance Minister, Nirmala Sitharaman, has presented the Economic Survey of India for 2023-2024 during the Parliament's budget session. It forecasts a robust real GDP growth between 6.5% and 7% for the fiscal year 2025. The survey provides essential insights into economic performance and expectations, guiding the preparation of the upcoming Union Budget. The findings underscore the resilience of the Indian economy in navigating global challenges and set a positive tone for potential fiscal policies.
Mathrubhumi
Key Highlights from the Economic Survey 2023-2024 Tabled by Nirmala Sitharaman

Economic Survey 2023-2024 Overview

Nirmala Sitharaman, the Union Minister of Finance, has officially tabled the Economic Survey of India for the year 2023-2024. As the budget session of the Parliament kicks off, this document serves as a critical precursor to the upcoming government budget and offers insights into the nation's economic trajectory.

Key Economic Forecasts

  • The survey projects real GDP growth for FY25 in the range of 6.5% to 7%.
  • It highlights factors that could impact the economy, including global market trends and internal economic policies.
  • Emphasis is placed on the need for sustainable growth and the importance of the Union Budget of India in achieving these targets.

Conclusion and Implications

The findings of the Economic Survey set a precedent for the government budget discussions. They provide a roadmap for fiscal planning and economic strategy as India continues to strengthen its market position amid global economic uncertainties.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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