How Long to Read Tracing the Contours of Official Economic Statistics in India

How Long Does it Take to Read Tracing the Contours of Official Economic Statistics in India?

It takes the average reader and 47 minutes to read Tracing the Contours of Official Economic Statistics in India by Arjun Kumar

Assuming a reading speed of 250 words per minute. Learn more

Description

The system of official economic statistics in India has undergone myriad changes since Independence. There have been various developments in its administrative structures and changing levels of focus on different economic sectors. The types of datasets available for these sectors have been ever-evolving and undergo dynamic changes owing to real-time measurement and analysis using ICT. The Agricultural and Livestock Censuses capture data on the agricultural sector. For the Industries sector, Annual Survey of Industries and the Directorate of Industries in states are the two major sources of data. Since economic liberalisation in India, there has been an increased focus on the Services sector and developing a well-organised mechanism to cover it. This sector is covered by National Sample Surveys, Ministry of Corporate Affairs’ MCA-21 Database, GSTN and others. The unorganised and informal sectors of the economy also find coverage in NSS Rounds on Employment and Enterprises. The Census of India, the Economic Census, Price Indices and NSS Rounds on Consumption Expenditure, Enterprises and Employment, among others, are major sources of economic statistics as well. We also have new arrays of data for the formal sector in the form of EPFO, Direct Tax, Property Tax and others. Using this sector-wise classification of Agriculture, Industries, and Services, and also including the unorganised and informal sectors, the paper explores India’s structure of economic statistics. While the paper draws attention to recent datasets and rounds of surveys, the focus is also on the evolution of the system of official economic statistics in India. The paper highlights issues with the credibility and utility of the available data, in light of a declining GDP growth which also gives rise to more serious questions on the reliability of the country’s data architecture and system of economic statistics. It also discusses structural changes such as those of the MoSPI and NSC. The system of official economic statistics in India now faces the challenge of adapting to Information and Communication Technology. The paper thus emphasises the role of strengthening realtime and Management Information Systems’ data to enable evidence-based policymaking and planning and realise the vision of ‘New India’ and a US$ 5 trillion economy.

How long is Tracing the Contours of Official Economic Statistics in India?

Tracing the Contours of Official Economic Statistics in India by Arjun Kumar is 46 pages long, and a total of 11,776 words.

This makes it 16% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read Tracing the Contours of Official Economic Statistics in India Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 4 minutes to read Tracing the Contours of Official Economic Statistics in India aloud.

What Reading Level is Tracing the Contours of Official Economic Statistics in India?

Tracing the Contours of Official Economic Statistics in India is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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