Economy of India and Role of Various Organizations

  • Central Statistical Organisation(CSO):
    Location: Dehli
    Head: Director General assisted by 2 Additional DG and 4 Deputy DG
    Role:
    National income accounting
    Conduct of annual survey of industries
    Economic census and its follow up surveys
    Compilation of index of industrial production
    Consumer price Indices for urban non-manual employees
    Human development Statistics
    Gender statistics
    Imparting training in official statistics
    Five year plan work relating to development of statistics in the states and UT

  • National Sample Survey Organisation(NSSO):
    Role:
    Carry out socio-economic surveys
    Undertake field work for economic census
    Head of NSSO: Director General (DG) and CEO
    Head Quarter of its Data processing division : Kolkata
  • National Statistical Commission(NSC) :
    Set up on 1st June 2005 on recommendation of C. Rangarajan Commission.
    NSC assumed charge on 12th July 2006.
    1st Chairperson : Prof Suresh Tendulkar
  • World Development Report
    World Bank in World Development Report 2009 has classified various countries on the basis
    of their Gross National Income(GNI) per capita.
    India is placed in the lower middle category (per capita of $950).
    India accounts for 17% of the world population but it accounts for 1.6% of World Gross National Income.
  • Basic characteristics of Indian Economy
    Low Per Capita Income
    Occupation pattern mainly from primary activity
    Heavy Population
    Chronic unemployment
    unequal distribution of income
    Low rate of capital formation
    Mixed Economy
    Low standard of living
    Average level of technology

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