Updated By: LatestGKGS Desk
The Cabinet Committee on Economic Affairs chaired by Prime Minister, Narendra Modi on 12th September 2018 has approved the continuation of the Capacity Development Scheme for the period 2017-18 to 2019-20 with a total budget of Rs 2250 crore.
The Capacity Development Scheme main objective is to augment infrastructural, technical as well as manpower resources for making available credible and timely Official Statistics for policy-makers and public at large.
The major happening activities under the Capacity Development Scheme include augmenting resources for bringing out important statistical products, such as Gross Domestic Product (GDP), Consumer Price Index (CPI), Index of Industrial Production (IIP), Statistical classifications, etc.
Periodic Labour Force Survey (PLFS), a continuous survey to assess quarterly labor data in urban areas and annual labor data for the whole country (urban and rural areas), was launched in April 2017 under the Capacity Development Scheme.
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