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Economic Survey 2022: Why is it presented a day before Union Budget? What changes India will witness in this year’s Economic Survey? All you need to know

Union Finance Minister Nirmala Sitharaman will table the Economic Survey for 2021-22 today. Do you know why it is not presented with Union Budget? Do you know what the Economic Survey 2022 is all about? Read here.

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Union Finance Minister Nirmala Sitharaman will table the Economic Survey for 2021-22 today, January 31, in the Lok Sabha. The Economic Survey will be presented in the Lok Sabha after the president’s address to both houses of Parliament. The Economic Survey is released a day before the Union Budget is presented in Parliament.

This year’s Economic Survey is expected to predict a growth rate of around 9 percent for the next fiscal year, FY22-23. Last year, the Economic Survey for 2020-21 predicted that the current fiscal year, which ends on March 31, 2022, will see a GDP growth of 11 percent.

What is the Economic Survey?

The Economic Survey is a financial document that is presented annually to review the economic development in the country over the past financial year. The survey provides detailed statistical data of all the sectors including agricultural, industrial, employment, industrial production, exports, prices, among others. Besides this, it also evaluates changes in other areas of the Indian economy, such as the money supply and foreign exchange reserves.

The Economic Survey is divided into two parts- Volume 1 and Volume 2. Volume 1 is about the economic challenges that the country is facing whereas Volume 2 gives an analysis of the previous fiscal year.

Who prepares the Economic Survey?

The Economic Survey is prepared by the Economics Division of the Department of Economic Affairs of the Finance Ministry under the overall guidance of the Chief Economic Adviser (CEA). It is only released after it is approved by the Finance Minister.

What changes India will witness in this year’s Economic Survey?

CEA generally prepares the document but this year’s Economic Survey has been prepared by the principal economic adviser and other officials as the post remained vacant following Krishnamurthy Subramaniam’s term that ended in December. This will be the first Economic Survey to be presented by V Anantha Nageswaran. The government has appointed economist V Anantha Nageswaran as the next CEA just days before the release of the Economic Survey.

This year the Economic Survey is likely to be presented in a single volume. Volume 1 which tells about the economic challenges that the country is facing may not be presented in Parliament today. Volume 2 contains a sectoral analysis of the economy of the previous fiscal year that will be tabled today at 3:45 pm.

What is the significance of the Economic Survey?

Union Ministry of Finance presents the Economic Survey every year. The Economic Survey is regarded as the flagship annual document of the Finance Ministry that provides a summary of all the economic development across the country that happened in a particular financial year. It not only examines the country’s macroeconomic status over the prior fiscal year but also provides an outline for the upcoming fiscal year.

Why Economic Survey is presented a day before Union Budget and not on the same day?

Economic Survey maps out a roadmap for India’s economy going into the next financial year. The reason for presenting an Economic Survey is to review the overall economic performance of the country during the year in order to give a better understanding of the Union Budget.

Read Also: Indian Railways cancel 447 trains, reschedule and divert 18 trains, check the full list here

The survey is largely used to determine the country’s priorities for the coming fiscal year, as well as which sectors in the Union Budget require additional focus. In 1964, the Economic Survey was separated from the Budget and released ahead of time to provide a context of the latter.

When was the first Economic Survey of India presented?

In 1950-51, the first Economic Survey was presented. It was introduced with the Union Budget up to 1964. From 1964 onwards, it has separated from the Union Budget and presented a day before.

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Bill against paper leaks eclipsed by Opposition push for Amit Shah reply

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Amit Shah

The Monsoon Session of Parliament witnessed Opposition-Government scenes on Monday as Union Minister Dr. Jitendra Singh introduced the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026 in the Lok Sabha.

The Bill aims to strengthen laws against examination paper leaks and organized cheating following the NEET-UG 2026 controversy.

During the discussions, the Opposition Congress demanded Home Minister Amit Shah’s reply to allegations of police excesses on July 20 during the Cockroach Janta Party (CJP) march to Parliament. Over 100 students were treated for injuries ranging from fractures to pellet wounds. CRPF personnel have confirmed seven rounds of pellets were fired and five rounds were fired at the students.

Congress leader Pawan Khera said such force should not have been used against the students and the Home Minister must reply to the allegations. Following disruptions, the House was adjourned several times.

The legislation seeks to impose stricter penalties for paper leaks, organized examination fraud, and other unfair practices. It also provides for faster investigations, time-bound trials, and the establishment of a STF to investigate major examination-related offenses. According to the government, the amendments are intended to improve transparency, protect the credibility of public examinations, and restore students’ confidence in the system.

The Congress and several Opposition parties demanded a detailed discussion in both the Lok Sabha and the Rajya Sabha, arguing that the government must be held accountable for both the examination irregularities and the police response.

The debate comes days after the resignation of former Union Education Minister Dharmendra Pradhan, following weeks of nationwide protests over paper leaks and examination malpractice. While the Centre has announced reforms and introduced the amendment Bill, Opposition leaders maintain that legislative changes alone are insufficient without fixing responsibility for the controversy and the police action against students.

The government defended its response, stating that it has initiated investigations into examination fraud, introduced stricter legal provisions, and taken steps to strengthen the security of public examinations. Parliamentary Affairs Minister Kiren Rijiju urged MPs to participate in the debate and allow the House to function smoothly instead of disrupting proceedings.

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E20 Janta Party set to follow in CJP footsteps

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After the success of the Cockroach Janta Party (CJP), a new outfit, calling itself the E20 Janta Party, has come into being.

It trended across social media platforms on Thursday after the CJP claimed victory following the resignation of Union Education Minister Dharmendra Pradhan, with supporters applauding the outcome as a major milestone in the ongoing student-led movement over alleged NEET-UG examination irregularities.

Thousands of posts, memes and videos flooded social media with users celebrating what they described as the growing influence of the CJP-led agitation. The term “E20 Janta Party” quickly gained traction on X and other platforms as motorists worried over the mixing of ethanol in petrol claimed they would themselves stage protests a la CJP.

Motorists all over India have been protesting against the fuel mixture given that their cars and motorcycles bought earlier had not been tuned for such increase in ethanol ratio. Some have claimed damage, ranging from engine damage to lower mileage. The government has not conceded the engine damage claim but has accepted that mileage may be compromised. Further, they have been agitating for a lowered fuel price for E20 since it has 20% ethanol but the government has shown willingness only to lower prices for the E85 blend which is being introduced slowly.

The public outpouring of support for the anti-NEET protests seems to have egged the anti-E20 people to come out of the woodwork though they have been vocal on social media. The Delhi taxi drivers association is also believed to have lent support to this cause. Transporters are also expected to join the protest slated on August 4 year since there are moves afoot to introduce isobutanol-diesel blend this year.

During the protests at Jantar Mantar, many activists had raised the ethanol issue time and again targeting Road Transport and Highways Minister Nitin Gadkari, an overzealous advocate for ethanol blending.

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Parliament Monsoon Session 2026: Bill against paper leaks to be introduced in Lok Sabha today

The Lok Sabha will introduce and consider the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026, proposing stricter punishment, fast-track courts and stronger safeguards against paper leaks.

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The Lok Sabha is set to take up the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026 for consideration and passage on Monday as the Centre moves to tighten laws against paper leaks and examination-related fraud.

Union Minister Dr Jitendra Singh will seek the House’s permission to introduce the Bill before moving it for consideration and passing during the day’s legislative business.

The proceedings of the Lok Sabha are scheduled to begin at 11 am with the Question Hour, during which ministers will respond to listed oral questions.

Bill proposes stricter action against paper leaks

The proposed amendment aims to strengthen transparency and integrity in the public examination system through stricter legal provisions while safeguarding the interests of students.

Among its major provisions are:

  • Imprisonment of up to 10 years for those found guilty.
  • A fine of up to Rs.10 crore.
  • Confiscation of assets of convicted offenders.
  • A mechanism to ensure verdicts in such cases are delivered within three months through fast-track courts.

The proposed changes follow the Union Cabinet’s approval of the legislation and related measures aimed at tackling paper leaks and examination fraud with stricter punishment and expedited trials.

Supreme Court judges amendment Bill also on agenda

Apart from the anti-paper leak legislation, the Lok Sabha is also scheduled to consider the Supreme Court (Number of Judges) Amendment Bill, 2026.

Union Law Minister Arjun Ram Meghwal will move the Bill for consideration. It seeks to further amend the Supreme Court (Number of Judges) Act, 1956.

Ministers to present implementation reports

Several Union ministers are also expected to place statements before the House on the implementation of recommendations made by various Parliamentary Standing Committees.

Among them:

  • Gajendra Singh Shekhawat will present an update on recommendations related to the Ministry of Tourism.
  • Jayant Chaudhary will report on recommendations concerning the Ministry of Skill Development and Entrepreneurship.
  • Pankaj Chaudhary will table a statement on recommendations relating to the Ministry of Finance.
  • Suresh Gopi will present implementation updates on recommendations made by the Standing Committee on Petroleum and Natural Gas.

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