Economic Survey to be Presented by Finance Minister Sitharaman in Parliament Today
"Finance Minister Nirmala Sitharaman will present the Economic Survey 2025 in Parliament today, providing insights into India's economic performance and future outlook ahead of the Union Budget."
New Delhi: The much-anticipated Economic Survey 2025, a crucial pre-budget document that outlines the state of India’s economy, will be presented in Parliament today by Finance Minister Nirmala Sitharaman.
Scheduled for presentation at 12 p.m. in the Lok Sabha and at 2 p.m. in the Rajya Sabha, the document serves as a comprehensive report on the nation’s economic performance over the past fiscal year and provides a forward-looking outlook for the upcoming financial year.
Significance of the Economic Survey 2025
The Economic Survey is a key document prepared under the guidance of the Chief Economic Advisor (CEA) V. Anantha Nageswaran.
Compiled by the Economic Division of the Department of Economic Affairs (Ministry of Finance), this survey plays a pivotal role in shaping economic policies and setting the tone for the Union Budget 2025-26, which will be presented the following day on February 1.
The Economic Survey is regarded as a crucial analytical tool that helps policymakers, businesses, and investors understand the economic trajectory, trends, and potential reforms that could be introduced in the Union Budget.
What to Expect from the Economic Survey 2025?
The Economic Survey 2025 will provide insights into:
- India’s Economic Growth Rate: An analysis of GDP growth in the last fiscal year.
- Inflation and Fiscal Deficit: Key economic indicators shaping the financial stability of the country.
- Employment and Job Creation: Trends and government initiatives driving employment.
- Sectoral Performance: A breakdown of growth in industries such as manufacturing, agriculture, services, and technology.
- Government Policies and Initiatives: Review of major economic reforms, infrastructure projects, and policy changes.
- Global Economic Impact: Assessment of how international trends, geopolitical shifts, and global markets influenced India’s economy.
- Projections for the Upcoming Fiscal Year: Growth forecasts, investment opportunities, and policy recommendations.
Economic Survey Theme: A Key Indicator for Budget Policies
Each year, the Economic Survey is centered around a particular theme that reflects India’s economic priorities. For instance, the 2024 Economic Survey focused on “Economic Resilience”, emphasizing how India sustained growth despite global economic uncertainties.
The theme for the Economic Survey 2025 is expected to provide clues about the government’s economic priorities for the coming year, such as digital transformation, green energy initiatives, or fiscal consolidation.
Parliamentary Proceedings: Key Events on January 31 and February 1
The Budget Session of Parliament begins today, January 31, and will continue until April 4, with an inter-session break from February 14 to March 10.
The session will commence with an address by President Droupadi Murmu at 11 a.m., following which Finance Minister Sitharaman will present the Economic Survey.
Union Budget 2025-26 Presentation
- Date: February 1, 2025
- Presented By: Finance Minister Nirmala Sitharaman
- Budget Session Duration: January 31 – April 4
- Break Period: February 14 – March 10
As per tradition, a Cabinet Meeting chaired by Prime Minister Narendra Modi will also be held before the budget presentation, during which Ministers will be briefed on the key aspects of the budget and cabinet approval will be obtained.
Nirmala Sitharaman to Present the Budget for the Eighth Consecutive Year
Finance Minister Nirmala Sitharaman will present the Union Budget for the eighth consecutive time, making her one of the longest-serving finance ministers to have continuously led the budget announcements.
Over the years, Sitharaman has introduced key policy changes, including digitization of budget documents and introducing significant tax reforms.
How the Economic Survey Influences the Union Budget?
The Economic Survey acts as a precursor to the Union Budget, offering insights into the country’s fiscal health, sectoral growth, and future economic challenges.
Policymakers and investors closely analyze the survey’s findings to gauge the government’s economic stance and likely budget allocations.
For instance, if the survey highlights a slowdown in manufacturing or agriculture, the budget may allocate higher funds to boost those sectors. Similarly, if inflation concerns dominate the survey, the government may introduce measures to curb rising prices and enhance purchasing power.
