Business Standard

Committee looking to capture informal sector activities stuck on sample

The issue is whether the annual survey should change the sample every time as is done currently when this survey comes out after a gap of five years

Informal sector, workers,
Premium

Incorporating data on the informal sector is important because GDP data gets exaggerated or understated, depending on activities in the sector

Indivjal Dhasmana
The statistics office is planning to come out with an annual survey of unincorporated enterprises that will help capture informal sector activities in the gross domestic product (GDP).
 
However, a panel looking into this is stuck over one crucial issue. The issue is whether the annual survey should change the sample every time as is done currently when this survey comes out after a gap of five years.
 
Doing it will be difficult in the annual survey because the time period will shorten. 
 
Incorporating data on the informal sector is important because GDP data gets exaggerated or understated, depending on

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in