Indian Culture & Heritage·Key Changes

National Income Accounting — Key Changes

Updated 5 Mar 2026
EntryYearDescriptionImpact
Statistics Act2008The Statistics and Programme Implementation Act 2008 provided legal framework for national statistical system including national income accounting, establishing the National Statistical Commission and defining roles of central and state statistical organizations.Enhanced the legal basis for data collection, improved coordination between statistical agencies, and strengthened the institutional framework for national income compilation in India.