The Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-2024 ahead of the Union Budget 2024-25. The government remains hopeful about achieving the 7 percent growth target despite challenges. The survey emphasizes the success of the PLI scheme in boosting electronics exports and job creation. It also highlights the importance of climate-related incentives and technology efficiency. The survey addresses issues in the insurance sector, revamping data for economic data accuracy, and suggested policy changes in agriculture. The survey also mentions the impact of AI on the workforce and the need for private sector financing for infrastructure development. Remittances to India are projected to grow, and the economy is shown to be resilient amidst global uncertainties. Prime Minister Narendra Modi emphasized the importance of the Budget session in setting the direction for the next five years. The survey also discusses challenges in balancing economic growth with energy security.