GDP - Source materials used in computation of GDP from banking, insurance etc.

SOURCE MATERIAL USED  

Item:                            Sources of data

1. Commercial banks:  Annual Reports/Account.
2. Banking department of RBI: RBI Annual Report.
3. Public sector financial corporations:  Annual Reports.
4. Private non-banking financial companies,: RBI bulletins.
5. Post office savings banks: Budget documents of Department of Post
6. Co-operative credit societies: Statistical statements relating to co-operative movement in India, Vol. I Credit societies (NABARD) and data on income and expenditure of sample co-operative societies obtained directly.        
7. Life Insurance:                                          
i)   Annual Reports and Accounts (LIC);
 ii)  Annual Reports and Accounts of private life       insurance companies;
 iii)  Valuation Reports; and                   iv)  Appropriation Accounts: Postal Services.    
8. General Insurance: Annual Reports and Accounts.
9. Employees State Insurance Corporation Annual Reports:    Appendix 18.2
     
INDICATORS USED IN THE PREPARATIONOF CONSTANT PRICE ESTIMATES
 
 Item    Indicators
 1. Commercial banks,  Estimates of GVA at current prices are deflated by implicit GDP price deflator of commodity producing sectors.
2. Banking Department of RBI, Estimates of GVA at current prices are deflated by implicit GDP price deflator of commercial banks.
3. Post Office Savings bank CPI index.
4. Non- banking financial companies and corporations:Total net receipts deflated by WPI.
5. Co-operative credit societies Average of indices of deposits (deflated) and membership.
 6. Life insurance corporation Average of deflated indices of change in life fund and sum assured.
7. Postal life insurance Average deflated indices of life fund and sum assured.
8. Non-life insurance
Deflated index of premium net of claims and surrenders.
[Reproduced from National Accounts Statistics-Sources & Methods, 2007 CHAPTER 18]