BIS central bankers’ speeches  3  Overall trend in annual growth of credit of scheduled commercial banks in India indicates that the share of credit for housing in aggregate credit rose from under 5 per cent in March 2001 to 12 per cent by March 2006.
His technical contribution to the development of statistics as a science are fundamental and well known all over the world. What was even more remarkable, in a developing country context, was his desire to use statistical methods including sample surveys to understand and solve the problems of an underdeveloped economy, including low productivity agriculture.