“The informal sector remains economically significant but statistically difficult to capture.” Analyse the limitations of proxy-based estimation. How can improved enterprise and household databases strengthen India’s GDP measurement?
Topic: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment. Q6. “The informal sector remains economically significant but statistically difficult to capture.” Analyse the limitations of proxy-based estimation. How can improved enterprise and household databases strengthen India’s GDP measurement? (15 M) Difficulty Level: Medium Reference: IE Why the question The …
