It is bound to be difficult to get reliable figures, so an alternative would be to make an assessment of the quality of bank supervision. A starting point here would be to look for a good set of ownership rules; these should limit the extent of lending to related parties. (c) Have banks and commercial firms financed themselves by unhedged foreign borrowing?
He was the architect of the Central Statistical Organisation and the National Sample Survey Organisation – two major statistical wings of Government of India. In his view, statistics is a “key technology”, having its bearing in every walk of life. This message has far reaching implications and the objective of National Statistics Day is to assess where we stand vis-à-vis international standards.