7th Economic Census 19/05/2019 – Posted in: Daily News – Tags:

7th ECONOMIC CENSUS

 

For: Preliminary & Mains

Topic Covers: EC – Objectives & advantages

 

News Flash

The statistics ministry has decided to use mobile phone application for conducting 7th economic census beginning next month (June), which will speed up the process of data collection and analysis.

  • There will be two rounds of supervision to ensure quality of the census.
  • The Ministry of Statistics and Programme Implementation (MoSPI) partnered with CSC e-Governance services India Ltd (CSC SPV) to conduct the census.
  • The ministry is also introducing geo-tagging which will help to find out the distribution of economic activity in a certain place.

Village-level entrepreneurs have different skills and capabilities and they have proved it time and again. VLEs have sold more than 30 lakh Pradhan Mantri Shram Yogi Pension Yojana (PMSYM) in a short spam of time and this has created momentum at the local level.

 

Common services centres

The CSC run common services centres (CSC), which are the access points for delivery of essential public utility services, social welfare schemes, healthcare, financial, education and agriculture services, apart from host of B2C (business to consumers) services to citizens in urban, rural and remote areas of the country.

 

Economic Census

Indian economic census 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 engaged in production and/or distribution of goods and/or services not for the sole purpose of own consumption.

  • Economic Census is the complete count of all establishments/units located within the geographical boundaries of the country.
  • The economic census provides detailed information on operational and other characteristics such as number of establishments, number of persons employed, source of finance, type of ownership etc. These information used for micro level/ decentralized planning and to assess contribution of various sectors of the economy in the gross domestic product (GDP).
  • In 1976, Government of India launched a plan scheme called Economic Census and Surveys.
  • In 1977 Central Statistical Organisation conducted First economic census in collaboration with the Directorate of Economics & Statistics (DES) in the States/Union Territories.
  • Six Economic Censuses (EC) have been conducted till date. The first Economic Census was undertaken in 1977. 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 Economic Census was conducted in 2013.

 

Uses of Economic Census data

  • Shaping Tax Policy
  • Promoting Economic Development
  • Opening a New Small Business/ Expanding an existing business

 

Source: Livemint

 

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