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COMPILATION OF NATIONAL ACCOUNTS STATISTICS IN INDIA 111<br />
The CSO ma<strong>in</strong>ta<strong>in</strong>s an Advance Release Calendar for the releases on <strong>national</strong> <strong>accounts</strong>.<br />
www.IndianJournals.com<br />
Members Copy, Not for Commercial Sale<br />
Downloaded From IP - 115.248.73.67 on dated 29-Nov-2010<br />
Title <strong>of</strong> Release<br />
Date <strong>of</strong> release<br />
QUARTERLY ESTIMATES OF GDP<br />
1. First quarter (Q1) GDP estimates Last work<strong>in</strong>g day <strong>of</strong> August (2 months time lag)<br />
2. Second quarter (Q2) GDP estimates Last work<strong>in</strong>g day <strong>of</strong> November (2 months time lag)<br />
3. Second quarter (Q3) GDP estimates Last work<strong>in</strong>g day <strong>of</strong> February (2 months time lag)<br />
4. Second quarter (Q4) GDP estimates Last work<strong>in</strong>g day <strong>of</strong> May (2 months time lag)<br />
ANNUAL NATIONAL ACCOUNTS STATISTICS<br />
5. Advance Estimates <strong>of</strong> <strong>national</strong> <strong>in</strong>come and 7 th or first work<strong>in</strong>g day after 7 th <strong>of</strong> February<br />
expenditure (2 months before the close <strong>of</strong> the year)<br />
6. Revised Advance Estimates <strong>of</strong> <strong>national</strong> <strong>in</strong>come Last work<strong>in</strong>g day <strong>of</strong> May (2 months time lag)<br />
and expenditure<br />
7. Quick Estimates <strong>of</strong> National Income, Consumption Last work<strong>in</strong>g day <strong>of</strong> January (10 months time lag)<br />
Expenditure, Sav<strong>in</strong>g and Capital Formation<br />
PUBLICATIONS<br />
1. National Accounts Statistics (annual) Last work<strong>in</strong>g day <strong>of</strong> June<br />
2. Input-Output Transactions Table (5-yearly) Last work<strong>in</strong>g day <strong>of</strong> September<br />
(time lag 3-1/2 years)<br />
3. Brochure on New Series <strong>of</strong> <strong>national</strong> <strong>accounts</strong> Last work<strong>in</strong>g day <strong>of</strong> February<br />
<strong>statistics</strong> (after revision <strong>of</strong> base year)<br />
(one month after base year revision)<br />
4. Sources and Methods (after revision <strong>of</strong> base year) Last work<strong>in</strong>g day <strong>of</strong> March<br />
(fourteen months after base year revision)<br />
5. Back series <strong>of</strong> <strong>national</strong> <strong>accounts</strong> <strong>statistics</strong> Last work<strong>in</strong>g day <strong>of</strong> June<br />
(after revision <strong>of</strong> base year)<br />
(Seventeen months after base year revision)<br />
The metadata pages on <strong>national</strong> <strong>accounts</strong> are available at the IMF’s Dissem<strong>in</strong>ation<br />
Standards Bullet<strong>in</strong> Board (DSBB), which is the website for SDDS, http://dsbb.imf.<strong>org</strong>/<br />
Applications/web/sddscountrycategorylist/?strcode=IND. The CSO’s <strong>national</strong> <strong>accounts</strong> were<br />
also assessed by the IMF under its programme, “Report on Observance <strong>of</strong> Standards and<br />
Codes (ROSC) <strong>in</strong> 2002. The Report was prepared after exam<strong>in</strong><strong>in</strong>g the <strong>compilation</strong> practices <strong>of</strong><br />
NAS aga<strong>in</strong>st a Data Quality Assessment Framework (DQAF).<br />
XX. Satellite Accounts<br />
In order to analyze a specific field <strong>in</strong> depth us<strong>in</strong>g the SNA framework, the SNA<br />
recommends <strong>compilation</strong> <strong>of</strong> satellite <strong>accounts</strong>. These <strong>accounts</strong> concentrate on one field to<br />
give a full picture <strong>of</strong> it, <strong>in</strong> a systematic way. These satellite <strong>accounts</strong> allow flexibility with<br />
reference to adoption <strong>of</strong> concepts, procedures and classifications, without disturb<strong>in</strong>g the core<br />
framework <strong>of</strong> <strong>national</strong> <strong>accounts</strong>. For example, the tourism satellite <strong>accounts</strong> adopt an <strong>in</strong>dustrial<br />
classification which cuts across all the <strong>in</strong>dustrial sectors as per UN’s Inter<strong>national</strong> Standards<br />
Industrial Classification (ISIC). Similarly, for household satellite <strong>accounts</strong>, the concept <strong>of</strong><br />
production boundary can be extended to capture some non-market voluntary services.<br />
The responsibility for compil<strong>in</strong>g the satellite <strong>accounts</strong> lies with the respective agencies that<br />
are responsible for collect<strong>in</strong>g and dissem<strong>in</strong>at<strong>in</strong>g <strong>statistics</strong> on the related subjects. The National<br />
Accounts Division provides any technical expertise that is required by the nodal agencies for<br />
compil<strong>in</strong>g the satellite <strong>accounts</strong>.<br />
Presently, the M<strong>in</strong>istry <strong>of</strong> Tourism compiled Tourism Satellite Accounts (TSA), with the<br />
help <strong>of</strong> NCAER for the year 2002-03. The M<strong>in</strong>istry <strong>of</strong> Health and Family Welfare compiled the