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CENTRAL THEME OF ECONOMIC SURVEY 2021-22 IS THE AGILE APPROACH PREFACE TAKES A BIRDS EYE VIEW OF EVOLUTION OF ECONOMIC SURVEYS SINCE INDEPENDENCE NEW CHAPTER DEMONSTRATES USE OF SATELLITE GEO-SPATIAL IMAGES TO GAUGE VARIOUS ECONOMIC PHENOMENON ECONOMIC SURVEY REVERTS TO A SINGLE VOLUME PLUS A SEPARATE VOLUME FOR STATISTICAL APPENDIX The central theme of this years Economic Survey is the Agile approach, implemented through Indias economic response to the COVID-19 Pandemic shock. Info
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FAQ :
The central theme of the Economic Survey 2021-22 is the "Agile Approach," which involves using feedback loops, real-time monitoring, and flexible responses to economic shocks.
The 'Agile Approach' relies on feedback loops, real-time monitoring of actual outcomes, flexible responses, and safety-net buffers, enabled by the abundance of real-time data.
The approach utilises various real-time data sources, including GST collections, digital payments, satellite photographs, electricity production, cargo movements, trade data, and mobility indicators.
The Economic Survey 2021-22 has reverted to a single-volume format, accompanied by a separate volume for the statistical appendix, moving away from the multi-volume format of recent years.
A new chapter has been added that demonstrates the use of satellite and geo-spatial images to gauge various economic phenomena such as urbanisation, infrastructure, and farming practices.
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