Economic Survey LIVE Updates: The budget session of Parliament will start from 11 am today and President Draupadi Murmu will address it. After this, Finance Minister Nirmala Sitharaman will place the Economic Survey i.e. Economic Survey on the floor of Parliament. It is estimated that on the first day of the budget session, the Economic Survey can be presented by the Finance Minister between 12 noon and 12.30 pm. In the economic survey, the account of the economic condition of the country will come before the Parliament and the country.
The budget session will be the 11th session of the 17th Lok Sabha.
The budget session starting today will be the 11th session of the 17th Lok Sabha and the session will begin at 11 am with the address of President Draupadi Murmu.
What is Economic Survey or Economic Survey
The Economic Survey is the main annual document of the Ministry of Finance. Economic survey is an account of the country’s economic development. On the basis of this, it is seen how the country’s economy has been in the last one year. It is through this survey that an assessment is made that where there has been a loss and where there has been an advantage.
The International Monetary Fund gave an estimate of India’s GDP
The International Monetary Fund has given a very important statement on Tuesday regarding the world economy and the Indian economy. Regarding the world economy, the IMF has told that the global growth in the year 2023 is likely to be less than before. On the other hand, talking about India’s economy, India’s economy will be the fastest growing economy in the world in this quarter. India’s economy is growing at a rate of 6.8 per cent in the current quarter, which is likely to be 6.1 per cent in the first quarter of the next financial year.
According to the report published in Reuters, in the Pre-Budget Economic Survey, India’s GDP may remain the lowest in three years. According to the report, it is likely to be 6 to 6.8 percent in the financial year 2023-24.