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FAQs on Summary of the Economic Survey 2021-2022 - Famous Books for UPSC Exam (Summary & Tests)

1. What is the Economic Survey 2021-2022 about?
Ans. The Economic Survey 2021-2022 is a report prepared by the Government of India's Ministry of Finance. It provides an overview of the country's economic performance, highlights key policy issues, and analyzes various sectors of the economy.
2. What are the key highlights of the Economic Survey 2021-2022?
Ans. Some key highlights of the Economic Survey 2021-2022 include a projection of a 11.5% GDP growth rate for the fiscal year 2021-2022, a decline in poverty levels, a focus on healthcare and education, emphasis on sustainable development, and the importance of digital governance.
3. How does the Economic Survey 2021-2022 address the impact of the COVID-19 pandemic on the Indian economy?
Ans. The Economic Survey 2021-2022 acknowledges the significant impact of the COVID-19 pandemic on the Indian economy. It outlines various measures taken by the government to mitigate the effects, such as fiscal stimulus packages, reforms in labor laws, and support for key sectors like agriculture and MSMEs.
4. What are the policy recommendations provided in the Economic Survey 2021-2022?
Ans. The Economic Survey 2021-2022 provides several policy recommendations to promote economic growth and development. These include measures to enhance human capital, reforms in the financial sector, boosting investment and exports, prioritizing infrastructure development, and promoting ease of doing business.
5. How does the Economic Survey 2021-2022 address the issue of inequality in India?
Ans. The Economic Survey 2021-2022 acknowledges the challenge of inequality in India and highlights the importance of inclusive growth. It emphasizes the need for targeted interventions to uplift the marginalized sections of society, provide access to quality education and healthcare, and address regional disparities in development.
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