Economic Census 2019 10/06/2019 – Posted in: Daily News
ECONOMIC CENSUS 2019
For: Mains
Topic covers: Economic Census, Need of EC, Objectives, Findings
News Flash
Preparations for 7th Economic Census are underway.
- 7th EC is being conducted by Ministry of Statistics and Programme Implementation (MoSPI).
In the current Economic Census, MoSPI has partnered with CSC e-Governance Services India Limited, a Special Purpose Vehicle under the Ministry of Electronics and Information Technology as the implementing agency for 7th EC.
- In the 7th EC, an IT based digital platform for data capture, validation, report generation and dissemination will be used.
- The upcoming Seventh Economic Census 2019 will include geotagged data of business enterprises to ensure that no bogus enterprises are included in the official statistics.
- The geotagging is expected to help weed out the shell companies and thereby improve data quality.
- The fieldwork for the 7th EC is likely to commence by the end of June 2019 or next month.
Economic Census
- Economic Census will cover all establishments including household enterprises, engaged in production or distribution of goods/services (other than for the sole purpose of own consumption) in non-farm agricultural and non-agricultural sector will be counted.
- Economic Census is the complete count of all establishment located within the geographical boundary of India.
- The Economic Census provides disaggregated information on various operational and structural variables of all establishments of the country.
- Economic Census also provides valuable insight into geographical spread/clusters of economic activities, ownership pattern, persons engaged, etc. of all economic establishments in the country.
- The information collected during Economic Census are useful for socio-economic developmental planning at state and district levels.
- Economic Census provides an updated sampling frame for follow- up enterprise surveys undertaken for detailed and comprehensive analysis of all establishments in the country.
Need for 7th Economic Census
Economic Census has been conceived to provide:
(i) A nation‐wide Business Register as per international practices adopted by developing countries and in line with UNSD recommendations.
(ii) Detailed information on economic variables, activity wise, of all the non‐ agricultural establishments of the country including its distribution at all India, State, district, village/ward levels for comprehensive analysis of the structure of the economy;
(iii) Information on establishments registered under MSME Development Act, their assets and other economic criteria;
(iv) Information on number of workers working in establishments (which are under operation), activity wise and area wise on;
(v) List of all establishments, tagged by geographical location up to village/ward level for local level planning purposes;
Background
Six Economic Censuses, (EC) have been conducted by the Union Ministry of Statistics and Program Implementation till date.
- The first Economic Census was undertaken in 1977.
- The Sixth edition of Economic Census was conducted in 2013.
Source: Business Standard
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