This book, the first of its kind, presents a new Social Accounting Matrix (SAM) for the Indian economy for the year 1997-98. It provides detailed and consistent information on production for 60 sectors, and on income distribution for six categories of occupational households, separately for rural and urban areas. Using fresh figures from India’s Central Statistical Organisation, the authors also present the SAM for 2002-03. In addition, this book goes into details of the concepts, methodology and limitations of the construction of SAM.

The book is divided into three parts:

Part I deals with the input-output (I-O) model, which forms an important component of SAM. It discusses the basic analytical structure of the I-O matrix and reviews landmark applications of this model for various developing countries.

Part II evaluates the analytical dimensions of SAM and associated SAM multipliers, and reviews important and innovative applications of the SAM model, again for a variety of economies.

Part III discusses the problems encountered while constructing a SAM. It provides satellite accounts for the sectorwise distribution of employment by education levels, sex, and status for both rural and urban areas.