<P> The Department of Economic Affairs, Finance Ministry of India presents the Economic Survey in the parliament every year, just before the Union Budget.It is prepared under the guidance of the Chief Economic Adviser, Finance Ministry . It is the ministry's view on the annual economic development of the country . A flagship annual document of the Ministry of Finance, Government of India, Economic Survey reviews the developments in the Indian economy over the previous 12 months, summarizes the performance on major development programs, and highlights the policy initiatives of the government and the prospects of the economy in the short to medium term . This document is presented to both houses of Parliament during the Budget Session. The Economic survey of India 2014 - 15 said India could target foreign exchange reserves of $750 billion - $1 trillion . </P> <P> Unlike the traditional Economic Survey, the Economic survey of 2016 - 17 doesn't have the detailed financial statistics of the government of India. These will be released later in 2017 . </P>

India’s first economic survey was released in which year