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Page 1 Economic Survey 2024-25 Page 2 Economic Survey 2024-25 I n t r o d u c t i o n Focus on India's economic growth and challenges Growth projections, sectoral performance India's path to a $5 trillion economy by 2028 Vision for India in 2047: Viksit Bharat Page 3 Economic Survey 2024-25 I n t r o d u c t i o n Focus on India's economic growth and challenges Growth projections, sectoral performance India's path to a $5 trillion economy by 2028 Vision for India in 2047: Viksit Bharat Economic Survey 2024-25: Preface Importance of deregulation for economic growth Deregulation drives growth by cutting compliance costs, spurring innovation, and improving efficiency4critical during global economic slowdowns and geopolitical uncertainties affecting trade and investment. Key policy interventions and their expected impact Infrastructure investments and export incentives aim to maintain India's 6.4% growth in FY25, building resilience against global challenges through enhanced competitiveness. Page 4 Economic Survey 2024-25 I n t r o d u c t i o n Focus on India's economic growth and challenges Growth projections, sectoral performance India's path to a $5 trillion economy by 2028 Vision for India in 2047: Viksit Bharat Economic Survey 2024-25: Preface Importance of deregulation for economic growth Deregulation drives growth by cutting compliance costs, spurring innovation, and improving efficiency4critical during global economic slowdowns and geopolitical uncertainties affecting trade and investment. Key policy interventions and their expected impact Infrastructure investments and export incentives aim to maintain India's 6.4% growth in FY25, building resilience against global challenges through enhanced competitiveness. Economic Survey 2024-25: Preface (Cont.) Global political dynamics Shifting geopolitics and protectionism affecting trade India's strategic positioning in global landscape National elections Policy continuity boosting investor confidence Bipartisan reforms accelerating growth Key themes Climate initiatives driving green growth Domestic manufacturing reducing dependencies Infrastructure focus PM GatiShakti improving national connectivity Public-private partnerships mobilizing investment Trade challenges PLI schemes enhancing manufacturing competitiveness Trade agreements expanding market access Page 5 Economic Survey 2024-25 I n t r o d u c t i o n Focus on India's economic growth and challenges Growth projections, sectoral performance India's path to a $5 trillion economy by 2028 Vision for India in 2047: Viksit Bharat Economic Survey 2024-25: Preface Importance of deregulation for economic growth Deregulation drives growth by cutting compliance costs, spurring innovation, and improving efficiency4critical during global economic slowdowns and geopolitical uncertainties affecting trade and investment. Key policy interventions and their expected impact Infrastructure investments and export incentives aim to maintain India's 6.4% growth in FY25, building resilience against global challenges through enhanced competitiveness. Economic Survey 2024-25: Preface (Cont.) Global political dynamics Shifting geopolitics and protectionism affecting trade India's strategic positioning in global landscape National elections Policy continuity boosting investor confidence Bipartisan reforms accelerating growth Key themes Climate initiatives driving green growth Domestic manufacturing reducing dependencies Infrastructure focus PM GatiShakti improving national connectivity Public-private partnerships mobilizing investment Trade challenges PLI schemes enhancing manufacturing competitiveness Trade agreements expanding market access Chapter 1 - State of the Economy: Getting Back into the Fast Lane India9s GDP growth estimate: 6.4% for FY25. Contribution of different sectors to GDP growth. Key economic indicators: inflation, fiscal deficit, and current account balance. Recovery of private consumption, especially in rural areas. Strategic focus on deregulation and global trade expansion.Read More
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FAQs on PPT: Economic Survey (Part 1) - Indian Economy for UPSC CSE
| 1. What is the Economic Survey and why is it important for UPSC preparation? |  |
Ans. The Economic Survey is an annual document presented by the Ministry of Finance in India. It reviews the developments in the Indian economy over the past year and provides an outlook for the following year. For UPSC preparation, it is important as it covers key economic indicators, government policies, and reforms, which are crucial for both the Preliminary and Mains examinations.
| 2. How can candidates effectively utilize the Economic Survey for the UPSC exam? | |
Ans. Candidates can utilize the Economic Survey by focusing on key chapters that discuss economic growth, fiscal policies, and social welfare schemes. They should summarize important data, graphs, and case studies, and relate them to current affairs. Additionally, practicing essay writing and answer writing based on the Survey's content can enhance their understanding and retention.
| 3. What are the key highlights of the latest Economic Survey relevant to the UPSC exam? | |
Ans. Key highlights often include GDP growth projections, inflation trends, employment data, and fiscal deficit targets. The Survey may also discuss structural reforms in sectors like agriculture, manufacturing, and services. Candidates should pay attention to policy recommendations and their implications for economic stability and growth.
| 4. How does the Economic Survey relate to the Union Budget? | |
Ans. The Economic Survey is generally presented a day before the Union Budget. It sets the tone for the budget by outlining the economic conditions and challenges faced by the country. The recommendations made in the Survey often influence the budgetary allocations and financial policies, making it crucial for candidates to understand this relationship for the UPSC exam.
| 5. What are the common topics covered in the Economic Survey that are frequently asked in UPSC exams? | |
Ans. Common topics include economic growth rates, poverty alleviation programs, employment generation, inflation management, and fiscal policies. Additionally, issues related to trade, investment, and sectoral performances are often explored. Candidates should be prepared to answer questions that link these topics to current events and government initiatives.
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