Economic Surveys over the years: Key ideas and what to expect in Survey 2024-25
Subscribe to enjoy similar stories. New Delhi: The Economic Survey – a critique of the economy’s performance and its management scripted by a team in the finance ministry – offers the Chief Economic Advisor V Anantha Nageswaran an opportunity to propose novel ideas and solutions to the challenges confronting the country, unaffected by the political pressures of the government in office or the ruling party.
Mint looks at what one could expect in the 2024-25 survey on Friday and the novel ideas proposed by some previous Economic Surveys. The Survey was first presented in 1950-51 as part of the budget documents but the government later began the practice of tabling it in Parliament a day before.
Besides analysing economic trends, the Survey offers potential policy directions for the future. The Survey is expected to highlight the issues of job creation, increasingly inward-looking global economies, trends in artificial intelligence, and how India can cope with emerging challenges and reshape the global economic landscape.
In a column published byMint on 29 January, Nageswaran indicated that the Survey this year will delve into the issue of the private sector finding the right balance between capital deployment and labour employment, given that social stability and long-term profitability rests on it. Energy security and trends in the transition to a cleaner economy, including access to critical inputs and raw materials, are expected to find a mention in the Economic Survey.
It will also project economic growth for FY26. Long before India and China entered into an agreement on disengagement along the border in October, the Economic Survey presented on 23 July last year by Nageswaran’s team had proposed that foreign direct
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