ForumIAS LATEST
- SFG FRC 2027 | Program starts from 19th Dec. 2026 | Admissions open for Entrance Test Click Here to know more →
- Prelims Test Series (PTS) for Prelims 2027 starts 11th Oct. 2026 Click Here to know more →
- [Pre-order] Ethics Redbook 3rd Edition: Delivery starts from 10th October onwards Click Here to Read More →
- 21 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 11th Oct. Click Here to Read More →
- Former Chief Statistician of India has said that Central Statistics Office (CSO) needs to rethink how it estimates the growth of the informal sector as the current method is no longer accurate.
- The current method uses the corporate sector data to estimate the activity in the non-corporate sector.
- However,this works only as long as the technologies being used in both sectors are reasonably similar.But Indian corporates especially the large ones have been using greater technology and this is not the case for the non-corporate sector.
- He said that one way in which the CSO could better estimate the informal sector activity is to use employment data.
- The Central Statistics Office(CSO) is a governmental agency in India under the Ministry of Statistics and Programme Implementation.
- It is responsible for coordination of statistical activities in India and evolving and maintaining statistical standards.
