Indian Economy·Policy Reforms
Methods of Calculation — Policy Reforms
Constitution VerifiedUPSC Verified
Version 1Updated 5 Mar 2026
| Entry | Year | Description | Impact |
|---|---|---|---|
| Statistics Act | 2008 | Replaced the Collection of Statistics Act 1953, providing comprehensive legal framework for statistical data collection including national income calculation. Established mandatory data provision requirements and penalties for non-compliance. | Strengthened the legal basis for national income data collection, improved response rates for economic surveys, and enhanced the quality and coverage of statistical information used in all three calculation methods. |
| National Statistical Commission Act | 2005 | Established the National Statistical Commission as an autonomous body to oversee statistical activities including national income methodology. Created institutional framework for statistical governance and quality assurance. | Improved coordination between statistical agencies, enhanced methodological consistency in national income calculation, and provided independent oversight of statistical practices and data quality. |