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Economic Survey- 6 Video Lecture | Crash Course for UPSC Aspirants

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FAQs on Economic Survey- 6 Video Lecture - Crash Course for UPSC Aspirants

1. What is the purpose of the Economic Survey?
Ans. The Economic Survey is an annual document prepared by the government of a country to assess the current economic situation, analyze trends, and present policy recommendations for the upcoming year. It serves as a comprehensive review of the country's economy and provides insights into various sectors and policy areas.
2. What are the key highlights of the Economic Survey-6?
Ans. The key highlights of the Economic Survey-6 include an analysis of the country's GDP growth rate, inflation rate, fiscal deficit, employment trends, agricultural performance, industrial output, investment climate, and policy measures taken by the government to boost economic growth. It also provides an overview of the global economic scenario and its impact on the domestic economy.
3. How does the Economic Survey-6 address the issue of income inequality?
Ans. The Economic Survey-6 addresses the issue of income inequality by analyzing the distribution of income and wealth across different sections of society. It identifies the factors contributing to income inequality and suggests policy interventions to reduce the gap. The survey may propose measures such as progressive taxation, targeted social welfare programs, skill development initiatives, and promoting inclusive growth to address income inequality.
4. What are the major challenges highlighted in the Economic Survey-6?
Ans. The major challenges highlighted in the Economic Survey-6 may include issues such as unemployment, poverty, inflation, fiscal deficit, trade imbalances, infrastructure gaps, climate change, and global economic uncertainties. The survey may discuss the impact of these challenges on the country's economic growth and propose policy measures to overcome them.
5. How does the Economic Survey-6 assess the impact of COVID-19 on the economy?
Ans. The Economic Survey-6 assesses the impact of COVID-19 on the economy by analyzing its effects on various sectors such as manufacturing, services, agriculture, and exports. It may discuss the decline in economic growth, disruptions in supply chains, job losses, fiscal implications, and the government's response to mitigate the impact. The survey may also provide insights into the recovery prospects and future challenges arising from the pandemic.
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