22nd March 2025 (35 Topics)
1
Mar
3
Mar
4
Mar
5
Mar
6
Mar
7
Mar
8
Mar
10
Mar
11
Mar
12
Mar
13
Mar
14
Mar
15
Mar
17
Mar
18
Mar
19
Mar
20
Mar
21
Mar
22
Mar
24
Mar
25
Mar
26
Mar
District-level GDP Estimation
Context
The District Domestic Product (DDP) estimation has gained attention as the government pushes for district-centric economic planning. Prime Minister Narendra Modi has emphasized the role of districts in driving economic growth, but lack of accurate district-level GDP estimates has hindered effective policy-making.
Current GDP Estimation in India
- India’s GDP is estimated based on three sectors:
- Primary Sector (Agriculture, Forestry, Mining) – Bottom-up approach, aggregating district-level data.
- Secondary Sector (Manufacturing, Construction, Utilities) – Top-down approach, distributing national estimates based on employment or infrastructure indicators.
- Tertiary Sector (Services like Trade, Banking, Transport) – Also top-down, relying on proxy indicators.
- Issues with Current Methodology
- Top-down estimation does not reflect actual district-level economic activity.
- Lack of real-time economic data, especially in the unorganized sector.
- State-level GDP (GSDP) estimations may misrepresent local realities, as seen in UP’s case during COVID-19.
- One-size-fits-all policies ignore regional economic strengths and weaknesses.
Courses
Study
Notes
Home
Resources
More
