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Economic Survey 2020-21: Volume 2- Part 1 Video Lecture | Economic Survey & Government Reports - UPSC

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FAQs on Economic Survey 2020-21: Volume 2- Part 1 Video Lecture - Economic Survey & Government Reports - UPSC

1. What is the Economic Survey 2020-21: Volume 2?
Ans. The Economic Survey 2020-21: Volume 2 is a document prepared by the Government of India's Ministry of Finance. It is presented annually before the Union Budget and provides an analysis of the Indian economy's performance and key economic indicators.
2. What is the purpose of the Economic Survey 2020-21: Volume 2?
Ans. The purpose of the Economic Survey 2020-21: Volume 2 is to assess the current state of the Indian economy, identify challenges, and suggest policy measures to promote economic growth, development, and welfare.
3. What are the key highlights of the Economic Survey 2020-21: Volume 2?
Ans. The key highlights of the Economic Survey 2020-21: Volume 2 include an analysis of the impact of the COVID-19 pandemic on the economy, the performance of different sectors such as agriculture, industry, and services, employment trends, fiscal situation, and policy recommendations for sustainable economic recovery.
4. How does the Economic Survey 2020-21: Volume 2 address the impact of the COVID-19 pandemic?
Ans. The Economic Survey 2020-21: Volume 2 assesses the impact of the COVID-19 pandemic on the Indian economy, highlighting the challenges faced and policy responses adopted. It analyzes the disruptions in various sectors, the recovery process, and suggests measures to mitigate the negative effects and ensure a resilient economy.
5. How does the Economic Survey 2020-21: Volume 2 contribute to policymaking?
Ans. The Economic Survey 2020-21: Volume 2 contributes to policymaking by providing evidence-based analysis and recommendations. It serves as a reference for policymakers, helping them understand the current economic scenario, identify key areas for intervention, and design policies to promote inclusive and sustainable growth.
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