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The Committee on Regional Accounts First Report Central Statistica Organisation, Department of Statistics, Ministry of Planning: Government of India, November 1974
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The work on state income started in Bihar, Uttar Pradesh and West Bengal somewhere around1948-49. Thefirst estimate of state income was published in January 1950 for the erstwhile Bombay state for the year 1948-49 and subsequently in 1951 and 1952 for the years 1949-50 and 1950-51. The next to follow were Uttar Pradesh and Bihar.The estimates of Uttar Pradesh were first published in 1955 giving a rural-urban break-down and presenting figures at current and constant prices. Estimates for Bihar for the year 1146-47 were also published in 1955. After the publication of the First and the Final Reports of the National Income Committee in 1951 and 1954 respectively,a number of other states likeMadhya Pradesh and Assam prepared their first estimates broadly following the methodology adopted by the National Income Committee; West Bengal also adopted this pattern. The concept of state income followed for these estimates was generally that of total income originating in different sectors of the state economy or in other words, the net geographical output at factor cost. This concept has been referred to as the state domestic product (SDP) in this Report. Broadly, the value added method for most of the commodity producing sectors and income method for the remaining sectors were followed.
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