Economic Survey 2021: Nirmala Sitharaman to table document in Parliament; when and where to watch

First presented in 1950-51 in the Lok Sabha, the Economic Survey used to be presented along with the Union Budget

FP Trending February 01, 2021 07:13:57 IST
Economic Survey 2021: Nirmala Sitharaman to table document in Parliament; when and where to watch

The Economic Survey 2021 will tabled today, 29 January, during the Budget Session of the Parliament. The Union Budget 2021 will be tabled by Finance Minister Nirmala Sitharaman on 1 February.

The Economic Survey is prepared by the Economic Division of the Department of Economic Affairs (DEA) under the guidance of the CEA and is approved by the finance minister once it is prepared.

While the Economic Survey is usually presented a day prior to the Union Budget, it is being tabled earlier before the House this year as the day before Budget is a Sunday. The Survey will give an estimation of the progress the Indian economy made during the preceding 12-month period and will feature the details and outcomes of the schemes and policies implemented by the government during the year under review. It will also provide hints as to what is in store for the economy in the coming period.

Finance Minister Nirmala Sitharaman will be presenting the Economic Survey 2020-21 in the Parliament and post presentation, the chief economic adviser (CEA) KV Subramanian will address a press conference at 2.30 pm in Delhi.

First presented in 1950-51 in the Lok Sabha, it used to be presented along with the Union Budget. However, since 1964, the ministry started releasing the survey a day prior to the budget day.

Rating agencies expect the government to factor in a wider deficit for the coming year in order to give the economy a fiscal stimulus to emerge faster from a world riddled by the COVID-19 pandemic. The government's stance on the recommendations of the Fifteenth Finance Commission may also play a key factor in the fiscal calculations for 2021-22.

The Commission's report on the transfer of finances between the Centre and States for the next five years is expected to be tabled.

The presentation of the Economic survey can be viewed on Lok Sabha TV or on YouTube and Twitter for the Economic Survey. The CEA Subramanian press conference at 2.30 pm can be viewed through PIB YouTube, Doordarshan or Twitter. The latest live updates on the Economy Survey can also be accessed on Firstpost.

Updated Date:

Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply

also read

Indian organisations likely to offer 7.7% salary hike in 2021, highest among BRICS nations
India

Indian organisations likely to offer 7.7% salary hike in 2021, highest among BRICS nations

Sectors with the highest projected increases include, e-commerce and venture capital, information technology, ITeS, life sciences, according to a survey

France makes period products free for students, joins global drive to end 'period poverty'
World

France makes period products free for students, joins global drive to end 'period poverty'

Higher Education Minister Frederique Vidal said that machines containing free tampons, sanitary towels and other period products would be installed in student residences

Indonesian orangutans airlifted back into the wild after COVID-19 threat subsides
World

Indonesian orangutans airlifted back into the wild after COVID-19 threat subsides

Poaching and habitat loss decimated the population of the critically-endangered species in Indonesia before the threat from SARS-CoV-2.