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106 THE JOURNAL OF INCOME AND WEALTH www.IndianJournals.com Members Copy, Not for Commercial Sale Downloaded From IP - 115.248.73.67 on dated 29-Nov-2010 Report of the National Income Committee” and then consolidating by the four broad sectors. Uma Datta (1954) prepared a 15 X 15 table for 1949-50. The 15 sector classification used in this table was the same as used in the national income estimation. This table helped in locating some inconsistencies in the national income estimates leading to their rectification at that time. A. K. Biswa (1954) prepared a mimeographed paper “Input-output relation among selected Indian industries” for the MIT Centre of International Studies, India Project. The Indian Institute of Public Opinion also brought out an IOTT with 19 sectors in 1954 for the year 1952-53. Wilfred Malenbaum (1955) included a small IOTT in his paper “Indian domestic product, 1951-52 – 1953-54”. R. M. Goodwin and T. P. Chowdhury were associated with 12 X 12 table for 1950-51 released by ISI in the form of a mimeographed paper in 1955. A. K. Chakravarti prepared 36 sector classification IOTT for the year 1953-54 and 1955-56. These tables alongwith detailed write up was later published by the Statistical Publishing Society in the form of a book in 1968. By this time the work on inter-industry studies was put on a systematic basis in the Planning Division of the Indian Statistical Institute (ISI) under the guidance of T. P. Chowdhury and R. M. Goodwin and a standard 36 sector classification was adopted. A 36 X 36 IOTT was first prepared in mimeographed form which was later published in the Papers on National Income and Allied Topics (PNIAT), Vl.I, 1960. Next, a table for 1953-54 with the same classification was prepared which was published in an ECAFE paper, “Formulating Industrial Development Programme, Development Techniques Series No.27 in 1961”. The next 36 X 36 table prepared in ISI in 1961 related to year 1955-56 following a uniform pattern of classification with the earlier tables. This table was enlarged to a 50 X50 table subsequently. All these tables prepared by ISI were at producer’s price. D. V. Ramana prepared tables for the year 1948-49 to 1958-59 with 50 sector classification using mainly the ISI tables and included them in his mimeographed study entitled “National Accounts and Input-Output Accounts of India” at Department of Applied Economics, University of Cambridge. The work of inter-industry analysis was shifted from ISI Calcutta to ISI Planning Unit, Delhi. The first IOTT at Delhi Unit was prepared by Ashok Rudra and A. S. Manne for the year 1960-61. This table was specifically constructed for the purpose of analysing the structure of Indian economy in 1970-71. Besides the tables prepared by ISI, a 29 X 29 table was prepared by the Economic Division of the Planning Commission which was published in “Economic Analysis in Input-Output Framework Vol.-I” in 1967. At ISI and IOTT with 77 sectors for the year 1964-65 was prepared by M. R. Saluja in which input flows were valuated at factor cost of 1960-61. Similar to the table of Rudra and Manne, this table also covered only a part of the entire economy. At Gokhale Institute of Economics & Politics an IOTT with 32 sectors for the year 1963 was prepared by P. N. Mathur, et al. This table was at purchaser’s price. The Perspective Planning Division of Planning Commission prepared an IOTT with 66 sectors at producer’s price for the year 1965. This table was not published but later updated to 1973-74 at 1971-72 producer’s prices and was utilized for preparing the Approach Paper for the Fifth Five Year Plan (1974-79). Most of the tables mentioned above were not comparable either because they did not cover the whole economy and were inconsistent with the national Accounts Statistics or they varied in terms of sector classification adopted and system of valuation adopted were different. The CSO jointly with the Planning Commission undertook the task of preparing an
COMPILATION OF NATIONAL ACCOUNTS STATISTICS IN INDIA 107 IOTT of the Indian economy consistent with the NAS in 1972. An IOTT at factor cost for the year 1968-69 was prepared with 225 sector classification following the conceptual framework prescribed in the United Nations Revised System of National Accounts. An aggregated version of this table with 60 sector classification was published in NAS, 1978. Thereafter, CSO undertook the preparation of IOTT for the year 1973-74 on its own. The detailed 1973-74 IOTT had 115 sectors and it was aggregated in to 60 sector table to enable an overall summary review of the transactions. This table was published in1981. The CSO decided to prepare IOTT’s for the Indian Economy every 5 years following the same approach so that information system may be developed for study of input structures, final demand pattern etc. in due course of time. As per this programme further IOTT’s have been prepared by CSO for the years 1978-79, 1983-84, 1989-90, 1993-94, 1998-99 and 2003- 04. www.IndianJournals.com Members Copy, Not for Commercial Sale Downloaded From IP - 115.248.73.67 on dated 29-Nov-2010 At the regional/state level the first available IOTT relates to West Bengal as a whole and also for Calcutta Metropolitan area for the year 1958 prepared by Dhar (1965). This table was at producer’s price and had 18 sectors. Rangnekar (1965) constructed an IOTT for Punjab for the year 1957 which had the entries at producer’s price and consisted of 17 sectors. In the following two decades a large number of IOTT’s have been constructed by the different scholars for different states, namely, for Gujarat relating to the year 1964-65 at producer’s price having 24 sectors by Alagh and Kashyap (1971), Maharashtra for the year 1963 at purchaser’s prices having 32 sectors by Koti and Santanam (1970), Haryana for the year 1969-70 at producer’s prices with 32 sectors by Bhalla (1974), Bihar for the year 1969-70 have 38 sectors at producer’s prices by Ghosh (1974), Punjab for the year 1969-70 at producer’s prices having 36 sectors by Bhalla (1975), Rajasthan for the year 1970-71 at producer’s prices having 49 sectors by Mehta (1977), Madhya Pradesh for the year 1965 at producer’s prices having 93 sectors by Prakash and Patanker (1978), Assam for the year 1969 at producer’s prices having 22 sectors by Barua (1977), Karnataka for the year 1977-78 at producer’s prices having 66 sectors by Panchmukhi (1980) and U. P. for the year 1970-71 at producer’s prices having 93 sectors by State Planning Institute U. P. Venkatramaiah et al (1979) constructed 21 regional IOTTs one each for 15 States and 6 Union Territories. XVII. Role of Research Association/Societies in the Development of NAS Professional research associations/societies have also significantly contributed towards the quest of CSO for improvement and enlargement of NAS, which is a continuous process. Special mention may be made of the Indian Association for Research in National Income and Wealth (IARNIW) and the Indian Econometric Society. IARNIW which is a registered nonprofit institution was formed mainly with a view to (a) encourage, stimulate and undertake research in national income, wealth and allied fields, (b) hold seminars, conferences etc. on the problems of national income, wealth and allied topics, (c) to undertake publication of research studies conducted by the Association as also of the papers presented at its Conferences, Seminars etc. It has provided forum on several occasions, for discussion on the estimates prepared by NAD and methods at a penultimate research stage. Several gaps, deficiencies in the data and delay in the publication of official statistics generally places serious limitation on optimal planning in the country. The Indian Econometric Society, in a bid to improve upon the existing data base, organized a seminar in 1972 under the
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