Economic Survey 2023 Highlights: 'Recovery is complete,' says CEA Nageswaran citing survey

In its World Economic Outlook Update, the IMF has maintained India's GDP forecast for current FY at 6.8%, next FY at 6.1% & for 2024-25 at 6.8%. India's economy is poised to do better in remainder of this decade: Dr V Anantha Nageswaran, CEA. Read

'Recovery is complete,' says CEA Nageswaran citing Economic Survey 2023, which pegged India's GDP growth for 2023-24 fiscal at 6% to 6.8%.

"Actual GDP growth for 2023-24 to be 5.44%?" tweets Congress spokesperson Gourav Vallabh on Economic Survey projecting GDP growth of 6% to 6.8% in fiscal year 2023-24

You can download the document from the website indiabudget.gov.in, the government's official website for budget. Read

Tabling the pre-budget document, finance minister Sitharaman says it found India will remain fastest-growing major economy, despite a projected lower GDP growth of 6%-6.8%. Read

Click here for full text of President Murmu's address.

Top quotes from President Droupadi Murmu's address to MPs. Read

President Droupadi Murmu concludes her address, delivered in Hindi. Vice President Jagdeep Dhankhar reads out select portion from her speech in English.

In 2015, India was 81st in the global innovation index. Today, however, were are ranked 40. Seven years ago, there were hundreds of registered startups in the country. This number has now grown to around 90,000: President

“For this, as many as 500 blocks have been identified in the country. The 'Vibrant villages' initiative to develop villages in border areas has also been introduced,” says President.

In the past three years, about 11 crore families have been connected with piped water supply in three years under the Jal Jeevan Mission. Poor families are getting the maximum benefit from this: President Murmu

Today, India's self-confidence is at its highest and the world is looking at her from a different perspective. India is providing solutions to the world: President Murmu

In maiden pre-budget session speech, President Murmu says citizens have to build an India that is ‘aatmanirbhar’ (self-reliant).

President Droupadi Murmu arrives to address joint sitting of both Houses; finance minister's speech to follow.

Dr V Anantha Nageswaran will address a press conference at 2 pm in New Delhi, the finance ministry said.

At 11 am, President Droupadi Murmu will address a joint sitting of members of both Rajya Sabha and Lok Sabha, marking the commencement of Parliament's budget session. After this, the finance minister will table the Economic survey. Read

As per people aware of developments, India will continue to be the world's fastest growing major economy in the next financial year, with the official growth estimate likely to be between 6% and 6.8%. Read

It gives insights into the economic performance of the country in the past year, highlights performance on major development programmes, government's policy initiatives, and provides an outlook for the next financial year (2023-24, in this case). Read

On the eve of Union budget, finance minister Nirmala Sitharaman will, on Tuesday, present the annual pre-budget Economic survey in Parliament. Later in the day, chief economic advisor V Anantha Nageswaran will unveil the survey for the public.