Who publishes 'Economic Survey' every year in India?

Correct option is A

The correct answer is (a) Ministry of Finance, Government of India

Explanation:
• The Economic Survey is published annually by the Ministry of Finance, Government of India.
• It provides an overview of the Indian economy, discussing trends, challenges, and economic policies.
• The Economic Survey is an important document that presents data and analysis on various sectors like agriculture, industry, services, and fiscal health.
• It is traditionally presented in Parliament just before the Union Budget to provide a context for the budgetary proposals.
• The Economic Survey is prepared by the Department of Economic Affairs under the Ministry of Finance and is a key tool for economic policy and decision-making.

Information Booster:
• The Economic Survey is divided into two parts: Volume 1 deals with overview, analysis, and outlook, while Volume 2 contains statistical data on the economy.
• The Economic Survey often suggests reforms and policy measures to address economic challenges and improve growth prospects.

Additional Knowledge:
(b) Reserve Bank of India:
• The Reserve Bank of India (RBI) is responsible for monetary policy and managing the country's currency and banking system, but it does not publish the Economic Survey.

(c) Planning Commission:
• The Planning Commission was an institution responsible for formulating India’s five-year plans, but it was replaced by the NITI Aayog in 2015. It did not publish the Economic Survey.

(d) NITI Commission:
• The NITI Aayog (National Institution for Transforming India) is a policy think tank, but it is not responsible for publishing the Economic Survey.
• NITI Aayog focuses on formulating policies for sustainable development and economic growth.