-
Mar 13, 2013
-
Plan ready to compile inter-state trade data
The government is ready with a roadmap to capture interstate trade data, considered as essential for the proposed Goods and Service Tax regime. Tracking of trade flows between states has never been attempted before in the country. Economists say such data could improve the credibility of statelevel GDP numbers and help in better planning for infrastructure projects on the basis of goods movement trends.The commerce ministry will soon submit a report on creating such a interstate database to the Fourteenth Finance Commission, stating that domestic trade figures could be released on an annual basis to start with.
Source -
http://economictimes.indiatimes.com
|