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TODAY'S POST


Friday 1 August 2014

Indian Economy!!!

 

Studies/Surveys/Reports

In India, various agencies and organisations conduct studies and surveys as well as publish reports on a regular basis covering diverse aspects of the economy. Each research and publication focuses on a particular section of the country and analyses its performance and happenings. 

Reserve Bank of India (RBI) is the most important organisation which publishes information and data on all sectors of the economy in its annual, quarterly, monthly, weekly and occasional publications. They include:- 

  • Annual report is a statutory document relating to the financial year of the Reserve Bank (July to June), released every year in late August. It is the statement of the Board of Directors on the state of the economy and on the balance sheet of the Reserve Bank. It also presents an assessment and prospects of the Indian economy.
  • Report on Trend and Progress of Banking in India is also a statutory publication produced annually to review the policies and performance of the financial sector for the preceding year. The publication, covering period from April to March, is generally released around November/December.
  • Report on Currency and Finance is an annual document which dwells around a particular theme and presents a detailed economic analysis of the issues related to the theme. Since the publication is released around December, it also serves the purpose of presenting a mid-year review of the economy.
  • Handbook of Statistics on Indian Economy is a major initiative by the Reserve Bank aimed at improving data dissemination by providing a useful storehouse of statistical information at one place. The publication provides time-series data (annual/quarterly/monthly/fortnightly/daily) pertaining to a broad spectrum of economic variables, including data on national income, output, prices, money, banking, financial markets, public finance, trade and balance of payments.
  • State Finances : A Study of Budgets is a publication which provides a comprehensive analytical assessment of the finances of the State Governments.
  • Macroeconomic and Monetary Developments provides an analytical overview of macroeconomic and monetary developments during the year under review. The publication serves as a backdrop and rationale of the monetary policy for the year.
  • Statistical Tables relating to Banks in India is an annual publication containing comprehensive data relating to the commercial banking sector. It covers balance sheet information as well as performance indicators of each commercial bank in India including those registered abroad.
  • Basic Statistical Returns is another data-oriented publication which presents comprehensive data on number of offices, employees, deposits and credit as per occupation of scheduled commercial banks.
  • RBI Bulletin is a monthly publication released in the first week of every month. It publishes analytical articles based on data collected by the Reserve Bank and carries speeches of the Governor, Deputy Governors and Executive Directors. Other useful inclusions in the Bulletin are important press releases and circulars issued by different departments of the Reserve Bank and data relating to economy, finance and banking.
  • Weekly Statistical Supplement to the RBI Bulletin presents the weekly balance sheet of the Reserve Bank and other developments relating to financial, commodity and bullion markets. This is published on every Friday. 

'Economic Division' of the Ministry of Finance examines trends in the economy and undertakes techno-economic studies all of which helps to keep a close watch on economic developments, both internally and externally. It also issues selected economic indicators on monthly basis and prepares Economic Survey on an annual basis. The economic survey reviews the major developments and trends in the economy for a given year and brings out the guidelines and considerations relevant for formulation of budgetary and economic policies for the coming year.

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