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Economic Census

Economic Census

 

What to study?

Fo Prelims and Mains: What is Economic Census, who conducts and coordinates, uses and significance.

 

Context: The 7th Economic Census -2019 is being conducted by MoSPI to provide disaggregated information on various operational and structural aspects of all establishments in the country.

Implementing agency: MoSPI has partnered with Common Service Centres, CSC e-Governance Services India Limited, a Special Purpose Vehicle under the MEITY as the implementing agency.

 

About Economic Censuses:

  • Launched in 1976 as a plan scheme.
  • Coverage: All entrepreneurial units in the country which are 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.
  • Objective: 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.
  • Significance: This information used for micro level/ decentralized planning and to assess contribution of various sectors of the economy in the gross domestic product (GDP).
  • Total Six Economic Censuses (EC) have been conducted till date. First one was conducted in 1977 by CSO.