Base Change 2011-12 and Implications on GSVA

This paper tries to identify the likely impact on the Gross State Value added (GSVA) due to base changes in the context of coverage of the sectors of the economy; changes in institutional sectors; availability of more detailed datasets such as the MCA21 at the National level but weaknesses at the state level; the issue of increased share of allocation of All India GSVA estimates to, instead of adopting, the state level estimates.