With less than 2 weeks to go to the budget, CNBC-TV18 is kicking off its special budget edition CNBC-TV18 Explainers. Kevin Lee breaks down the Economic Survey and why it is important.
Every year, a day before the union budget, the Ministry of Finance presents the Economic Survey so it is only fitting that before one knows exactly what the budget is all about, one should first know the economic survey, and what it means.
There are many ways to get a sense of how the economy is doing, the stock market, for instance, but as much as one loves the stock market, it is not the authoritative source of data on the Indian economy. That honour goes to the economic survey.