The Directorate is responsible for the Estimation of State Domestic Product (SDP). The estimate of State Domestic Product (SDP), generally known as State Income, is considered as the most important macroeconomic aggregate to measure the economic development of the State and the standard of living of its people. Hence, this is an important activity performed by the Directorate. The final estimates of the GSDP is made in consultation with the Ministry of Statistics& Program Implementation, Government of India annually.
The Directorate also analyzes the budget documents of the State Government to analyze aspects like budgetary transactions and their effect on the socio-economic standard of the people. The analysis of budget documents is bought out in the form of an economic-cum-functional classification of the budgetary transactions.
Further, Directorate also estimates the capital formation in the state for all forms of capital like fixed assets, current assets and intangible assets.
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