Finance Minister to resume economic survey next year

A report on suo motu announcements will be released in the Assembly

Finance Minister Palanivel Thiaga Rajan said on Thursday that he would resume the Annual Economic Survey next year before the Budget. In his reply to the debate on the revised Budget in the Assembly, he said the survey had not been released in the last 10 years. He stressed the need for gathering as much data as possible across as many platforms and sources and integrating them into one database and ensuring that they were up to date. He underscored the need for analysing the data and extracting appropriate lessons. “We will study how many suo motu announcements were made [by the Chief Ministers] and how many of them were implemented and how many were given up. How the resources were tapped into and how the money not in the Budget was mobilised? How these announcements make an impact on the government and the finances? A report on this would be released in the Assembly,” he said.