NEW DELHI: The government is yet to receive approval from a majority of states for the provisional result of the seventh Economic Census, which creates a database of all formal and informal non-farm establishments in the country , according to a report released by the standing committee on finance on Thursday.
In its submission to the committee, the ministry of statistics and programme implementation stated that it had received approval for provisional results from 13 state-level coordination committees. Approval of all states is needed to release the results.
The creation of a Business Register is contingent on the results of the seventh Economic Census, which the government had claimed “will be useful for measuring the performance of the sectors and its sub-sectors for compilation of quarterly/annual national/subnational accounts.”
The standing committee noted that the ministry has no proactive approach to expedite the results of the census. In March, it had asked the ministry to find ways to release results faster and help states with any obstacles they might be facing in the release of data. “The committee, therefore, reiterate their recommendation and desire that the ministry accelerate data collection, foster close collaboration with states and ensure timely approval of the provisional results by the State Level Coordi ..
Source Name : Economic Times