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

States holding up results of Economic Census: Centre

Note4Students

From UPSC perspective, the following things are important :

Prelims level : Economic Censis

Mains level : Not Much

The Centre has blamed the States for a prolonged delay in releasing the findings of the Seventh Economic Census, a critical compendium of formal and informal non-farm enterprises operating across the country, in a submission to the Parliament.

What is 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 the Economic Census was conducted in 2013.

 

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