Economic Indicators and Various Reports On It- GDP, FD, EODB, WIR etc

[pib] National Economic Census

Note4Students

From UPSC perspective, the following things are important :

Prelims level : National Economic Census

Mains level : Economic planning in India

The Seventh Economic Census was launched in the National Capital Territory of Delhi. Delhi is the 26th state where the survey has been launched, while the process is already on in 20 states and 5 UTs.

National Economic Census

  • In 1976, GoI launched a planning scheme called Economic Census and Surveys.
  • It is the census of the Indian economy through counting all entrepreneurial units in the country which involved in any economic activities of either agricultural or non-agricultural sector which are engaged in production and/or distribution of goods and/or services not for the sole purpose of own consumption.
  • It provides detailed information on operational and other characteristics such as number of establishments, number of persons employed, source of finance, type of ownership etc.
  • This information used for micro level/ decentralized planning and to assess contribution of various sectors of the economy in the GDP.

Censuses till date

  • Total Six Economic Censuses (EC) has been conducted till date.
  • In 1977 CSO conducted First economic census in collaboration with the Directorate of Economics & Statistics (DES) in the States/UTs.
  • The Second EC was carried out in 1980 followed by the Third EC in 1990. The fourth edition took place in 1998 while the fifth EC was held in 2005.
  • The Sixth edition of Economic Census was conducted in 2013.
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