Data Gaps in Indian Input-Output (I-O) Tables

An Input-Output (I-O) Table shows the flows of goods and services from each sector of the economy to the other sectors over a specified period of time, especially within a year. It, therefore, captures inter-dependencies among different economic sectors of the economy. However, I-O approach encounters some problems. This note article, thus, tries to identify the limitations relating to the basic I-O technique and the I-O tables provided by Central Statistics Office (CSO). In addition, it recommends alternative ways as well as other data sources such that the problems can be overcome for Indian economy.