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Economic Survey. Economic Survey 2020-2021. Economic Survey 2020-21 Volume 1 and Volume 2 English Edition as provided by Ministry of Finance, Government of India.
The economic Survey is the budget document of the Government of India, which is presented in Parliament every year. It presents the state of affairs of the Indian economy. Economic Survey 2020-21 consists of two volumes, which analyses the performance of the Indian economy for the financial year 2020-21.
This book is printed in black and white but the graphs and images are ensured to be set on proper gray-scale shadings, so that readers can visualize the same in detail. This is the exact same version of economic survey released by Government.
Economic Survey
- The Economic Survey of India is an?annual document released by the Ministry of Finance,?Government of India.
- It contains the?most authoritative and updated source of data on India?s economy.
- It is a report that the government presents on the?state of the economy in the past one year,?the key challenges it anticipates, and their possible solutions.
- The Economic Survey document is?prepared by the Economics Division of the Department of Economic Affairs (DEA)?under the guidance of the?Chief Economic Advisor.
- It is usually?presented a day before the Union?Budget?is presented?in the?Parliament.
- The?first Economic Survey in India?was presented in the?year 1950-51.?Up to 1964, it was?presented along with the Union Budget. From 1964?onwards, it has been delinked from the Budget.
Key Points
- Indian Economy and Covid :
- Strategy to face the pandemic:
- Response stemmed from the humane principle that:
- Human lives lost cannot be brought back.
- Gross Domestic Product (GDP)?growth will recover from the temporary shock caused by the?Covid-19 pandemic.
- India?s policy response also derived from extensive research on epidemiology, especially that looked at?Spanish Flu of 1918.
- One of the key insights was that pandemic spreads faster in higher and denser population and intensity of lockdown matters most at the beginning of the pandemic.
- Response stemmed from the humane principle that:
- Strategy to face the pandemic:
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