5 January 2018

How do I cover economic survey for Mains and prelims? Does it need to be done or not?

How do I cover economic survey for Mains and prelims? Does it need to be done or not?
#answer written by samveg ias#
if i simply put what is importance of economic survey? why is it important to read it?
This is most authentic document on economic policy ,on component of economy presenting current ,past and future aspect.this is the document that represent what the government want to say about every aspect of economy in simply term.
This shows the thought,direction and process involved in economy.
But i have found that economic survey became very easy if you have very good understanding of basic economy,then you have to find particular new data in each chapter,policy and government effort and challenges.if you donot understand basic then it seems monumental work to read,retain and explain the concept?
sometimes it seems that examiner use same language and way as it is used in economic survey that increases it’s importance.
Economic survey help in identification of most important aspect of an issue in current scenario.
The chapter’s like climate change,external sector,agriculture,public finance ,service are like gems.who can explain better it than economic adviser to finance minister itself?
you get all important issues and challenges face by economy at one place that is very useful for mains too.
i always suggest to read economic survey in consonance with basic part.there are some important para and same time there are little less important para.analyse the old question paper and check yourself how much it is important
but read it at least once ,so that you can say with confidence what economic survey is all about????

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