Finance Minister Sitharaman presents Economic Survey 2023-24 in Lok Sabha

Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-24, along with the statistical appendix, in the Lok Sabha on Monday.

The Economic Survey is an annual document issued by the government prior to the Union Budget to review the state of the economy and provide an overview of short-to-medium-term economic prospects.

Prepared by the Economic Division of the Department of Economic Affairs under the Ministry of Finance and supervised by the chief economic adviser, the Economic Survey offers key insights and analysis on the nation's economic health.

The tradition of the Economic Survey dates back to 1950-51, when it was initially part of the budget documents. It was separated from the Union Budget in the 1960s and has since been tabled a day before the budget presentation.

Finance Minister Sitharaman is scheduled to present the Union Budget for 2024-25 on Tuesday.