UPSC Exam > UPSC Videos > Economic Survey & Government Reports > Economic Survey 2020-21: Volume 1- Part 4
Economic Survey 2020-21: Volume 1- Part 4 Video Lecture | Economic Survey & Government Reports - UPSC
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FAQs on Economic Survey 2020-21: Volume 1- Part 4 Video Lecture - Economic Survey & Government Reports - UPSC
| 1. What is the Economic Survey 2020-21? |  |
Ans. The Economic Survey 2020-21 is an annual document prepared by the Ministry of Finance, Government of India. It provides a detailed analysis of the state of the Indian economy, including key trends, challenges, and policy recommendations.
| 2. What is the purpose of the Economic Survey? | |
Ans. The Economic Survey aims to provide an objective assessment of the economy, identify policy challenges, and suggest measures to address them. It serves as a valuable resource for policymakers, researchers, and the general public in understanding the current economic situation and formulating informed decisions.
| 3. What are the main highlights of the Economic Survey 2020-21? | |
Ans. The main highlights of the Economic Survey 2020-21 include the impact of the COVID-19 pandemic on the Indian economy, the government's response to the crisis, sector-wise analysis, fiscal developments, and policy recommendations for sustainable and inclusive growth.
| 4. How does the Economic Survey analyze the impact of COVID-19 on the economy? | |
Ans. The Economic Survey analyzes the impact of COVID-19 on the economy through various indicators such as GDP growth, employment, consumption, investment, and government finances. It provides an assessment of the short-term disruptions and long-term implications of the pandemic on different sectors and highlights the policy measures taken to mitigate the effects.
| 5. What are the key policy recommendations given in the Economic Survey 2020-21? | |
Ans. The Economic Survey 2020-21 recommends several policy measures to revive the economy, such as increasing public investment, promoting ease of doing business, enhancing productivity, encouraging innovation and entrepreneurship, focusing on infrastructure development, and implementing structural reforms in sectors like agriculture, education, and healthcare. These recommendations are aimed at achieving sustainable and inclusive growth in the post-pandemic period.
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Dec 22, 2024 Last updated |
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