State Income

The Directorate of Economics and Statistics (DES), Maharashtra has been compiling the estimates of State Income as per the standard methodology recommended by National Statistics Office (NSO). New Delhi, since last six decades. The first estimate of State Income for the first while Bombay province for the year 1948-49 was published by this Directorate in January 1950. The series of State Income estimates was first published for the years 1960-61 to 1967-68 at current prices and at constant (1960-61) prices, in ‘Maharashtra - an Economic Review 1968-69’. There on, the estimates of State Income are being prepared on a regular basis. DES has incorporated conceptual and methodological improvements as well as latest available data along with the revision in the base year. The estimates of GSDP and NSDP for all the sectors of the economy and Per capita income are compiled by this Directorate regularly every year and published in the “Economic Survey of Maharashtra” which is tabled in the Budget session of the State Assembly.