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Which Economic Census is to be carried out under the Economic Census component of VISTAR?

  1. A.6th Economic Census
  2. B.7th Economic Census
  3. C.8th Economic Census
  4. D.9th Economic Census

Correct answer

C. 8th Economic Census

Explanation

The correct answer is the 8th Economic Census. It forms the third component of VISTAR and will be undertaken by MoSPI together with the States and Union Territories. The census will record granular activity details of all non-farm establishments and the workers they hire, going right down to Gram Panchayat and Ward level, which makes it an assessment of the unorganised part of the economy. Its results will serve as the baseline for building a National Statistical Business Register, which in turn will make targeted enterprise surveys possible, and will help estimate what the unorganised sector contributes to Gross Domestic Product. Options A and B refer to earlier rounds that are already complete, and option D to a round still in the future, so neither fits this approval. Remember also that the other two components are Comprehensive Statistical Operations and Support for Statistical Strengthening.

Read the full article: Cabinet Approves Rs 4,371.10 Crore VISTAR Statistics Scheme

Q1.EconomyEasy

VISTAR, the statistics scheme approved by the Union Cabinet, stands for which of the following?

  1. A.Vision for Statistical Transparency and Reform
  2. B.Viksit Bharat Initiative for Statistical Transformation, Analytics & Research
  3. C.Village Statistics and Rural Analytics Research Initiative
  4. D.Viksit Bharat Survey Transformation and Reporting Scheme
Show answer
Correct answer: B. Viksit Bharat Initiative for Statistical Transformation, Analytics & Research

The Union Cabinet, chaired by the Prime Minister, cleared this central sector scheme of the Ministry of Statistics and Programme Implementation for the period FY 2026-27 to FY 2030-31 with an outlay of Rs 4,371.10 crore.