The Ministry of Statistics and Programme Implementation (MOSPI) will change the abject year to 2017-18 for the adding of GDP and IIP numbers from the accepted 2011-12 with an aim to abduction changes in the economy.
The Board for Sub-National Accounts will be headed by Ravindra H Dholakia, a retired assistant of IIM Ahmedabad.
The console has been asked to “review the concepts, definitions, classifications, abstracts conventions, abstracts sources and abstracts requirements for alertness of Accompaniment Domestic Product (SDP) and Commune Domestic Product (DDP) and to lay bottomward revised guidelines”.
It will additionally advance measures for convalescent SDP and DDP in the country demography into application availability of abstracts and requirements of the Centre and states/union territories.
As per the Terms of Reference of the Committee, it will additionally “suggest accompaniment akin annual/benchmark surveys befitting in appearance the needs of the System of National Accounts abnormally in appearance of the aing abject year revision”.
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