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Ravindra Dholakia committee
July 5 , 2018
2206 days
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- The Union Government has constituted 13-member Committee for Sub-National Accounts to upgrade the norms for computation of economic data at states and districts level
- It has been formed in the backdrop of plans to revise the base year for National Accounts or Gross Domestic Production (GDP) calculation.
- It will be headed by Ravindra H Dholakia, a retired professor of IIM Ahmedabad.
- CSO had last updated base year for GDP calculation to 2011-12 from January 2015, replacing old series base year of 2004-05.
- MOSPI is planning to change base year to 2017-18 for calculation of GDP and Index Industrial Production (IIP) numbers from current 2011-12 with an aim to capture changes in the economy.
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