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Annexure - Directorate of Economics and Statistics

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2. NEW SERIES OF STATE ACCOUNTS STATISTICS<br />

- BASE YEAR: 2004-05<br />

2.1 Changes in GSDP Estimates, by Industry<br />

In this chapter, changes made in the new series in terms <strong>of</strong> methodology, sources <strong>of</strong> data used in compilation <strong>of</strong><br />

estimates <strong>of</strong> gross state domestic product by economic activity, have been discussed. The consequential impact in<br />

the estimates <strong>of</strong> other income aggregates like gross <strong>and</strong> net State income, per capita income <strong>and</strong> growth pattern <strong>of</strong><br />

macro aggregates have also been discussed.<br />

2.2 Overall Estimates <strong>of</strong> Gross State Domestic Product (GSDP)<br />

The estimates <strong>of</strong> GSDP by economic activity for the year 2004-05, according to the new series <strong>and</strong> the<br />

1999-2000 series, have been presented in Table 1 below. According to this Table, the overall GSDP at factor cost<br />

in the new series for the year 2004-05 is estimated at Rs. 1,66,306 crore as against pervious series estimate <strong>of</strong> Rs.<br />

1,56,226 crore at current prices for the same year, thereby indicating that the level <strong>of</strong> GSDP has gone up by Rs.<br />

10,080 crore or 6.45 per cent, in the new series. This overall increase is the net result <strong>of</strong> upward / downward<br />

revisions in the estimates <strong>of</strong> various industries. Out <strong>of</strong> the economic activities, maximum upward revision in GSDP<br />

data is witnessed in ‘Construction’ followed by ‘Forestry’ while major fall in GSDP is in the activities <strong>of</strong> ‘Agriculture’<br />

<strong>and</strong> ‘Un-registered Manufacturing’.<br />

� Activities showing increase in the levels <strong>of</strong> GSDP estimates in the new series: (increase<br />

over old series are shown in brackets)<br />

� Forestry <strong>and</strong> Logging (Rs. 2,045 crore);<br />

� Mining <strong>and</strong> Quarrying (Rs. 23 crore);<br />

� Registered Manufacturing (Rs. 1,931 crore);<br />

� Construction (Rs. 3,650 crore);<br />

� Electricity, Gas <strong>and</strong> Water supply ( Rs. 228 crore);<br />

� Transport by other means (Rs. 1,173 crore);<br />

� Communication (Rs. 113 crore);<br />

� Trade, Hotel <strong>and</strong> Restaurants (Rs. 996 crore);<br />

� Real Estate, Ownership <strong>of</strong> Dwellings <strong>and</strong> Business Services (Rs. 711 crore);<br />

� Public Administration (Rs. 215 crore) <strong>and</strong><br />

� Other services (Rs. 265 crore).<br />

� On the other h<strong>and</strong>, the GSDP in the new series is lower (decrease over old series are shown in<br />

brackets) in the following activities:<br />

� Agriculture (Rs. 1,131 crore);<br />

� Un-registered Manufacturing (Rs. 23 crore);<br />

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