The Directorate is responsible for the estimation of the State Domestic Product (SDP), also referred to as State Income. SDP is one of the most important macroeconomic indicators used to assess the economic development of the state and the standard of living of its population. Final estimates of the Gross State Domestic Product (GSDP) are prepared annually in consultation with the Ministry of Statistics & Programme Implementation, Government of India.

The Directorate also analyzes the State Government’s budget documents to evaluate budgetary transactions and their impact on the socio-economic conditions of the people. This analysis is published as an economic-cum-functional classification of budgetary transactions.

In addition, the Directorate estimates capital formation in the state across all asset types—fixed assets, current assets, and intangible assets.

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.