The Inter-Departmental Committee recommended the formation of a Central Statistical Office for coordination, institution of a statistical cadre, establishment of State Bureaus at State Head Quarters and maintenance of important statistics for the entire country. Architect of modern statistical methods in the Indian subcontinent The developments in statistics that took place between 1930 and 1960 are quite remarkable and in some sense unique.
The prices of basic foodstuffs were also capped and some of the market segments responded favourably to commodity reserve interventions. The Government’s decision to cap petroleum product prices will also exert an important effect on market developments.