Summary:
Kolkata: The state government has requested all its departments to consult the state Planning & Statistics department to use gross state value added (GSVA)/net state value added (NSVA) estimates to calculate indicators on finance, education, health, agriculture or for any other purpose. The move comes after it was found that some departments have been using GSVA/NSVA figures in the process of calibrating indicators of their interest without consulting the inherent linkages and mode of revision of the GSVA/NSVA estimates. To maintain uniformity and to recognize the pattern of changes, GSVA/NSVA estimates are being revised even four times a year. For this purpose, quick provisional and advance estimates of GSDP/GSVA are prepared for taking informed decisions at the policy level. The technique of prediction is frequently applied on various indicators to arrive at the GSDP/GSVA estimates on different sectors of the economy..