The scheme is to augment infrastructural, technical as well as manpower resources for making available credible and timely official statistics for policy makers and public at large.

It consists of two sub-schemes

1. Economic Consensus- deals with listing of all non-agricultural establishments periodically, which forms the basis for conducting detailed socio-economic surveys and
2. Support for Statistical Strengthening- strengthening state and sub-state level statistical system and infrastructure to facilitate development f robust national system

It is  augmenting resources for bringing out important statistical products, such as Gross Domestic Product (GDP), Consumer Price Index (CPI), Index of Industrial Production (IIP), Statistical classifications, etc.; conducting various Socio-Economic surveys, capacity building and strengthening statistical coordination, and improving IT infrastructure.

Periodic Labour Force Survey (PLFS), a continuous survey to assess quarterly labour data in urban areas and annual labour data for the whole country (urban and rural areas), was launched in April, 2017 under the scheme.