Secondary data
Secondary data refers to the data which an investigator does not collect himself for his purpose rather he obtains them from some other source, agency or office. In other words, this data has already been collected by some other source and an investigator makes use of it for his purpose.
Secondary data is different from primary data on the basis of the sources of their collection. The difference between the two is relative - data which is primary at one place become secondary at another place.
Sources of Secondary Data
Sources of secondary data can be classified mainly into two categories- (i) Published sources and (ii) Unpublished sources.
Published sources: The following sources are covered in the category of published sources.
1. Government Publication: There are numerous publications of Central and state governments in India which are published regularly or from time to time. Data relating to various aspects of the economy and nation are published there in. Some important government publications are as follows:
a) Annual Economic Survey
b) Reserve bank of India Bulletins
c) Five-Year plans
d) Budget Publications
e) Report or Currency and Finance
f) Statistical Outline of India.
2. Semi-government Publications: Semi-government publications such as reports and data collected and published by Banks, Corporations, Municipal Committees, Panchayats etc.
3. Reports of Commissions and Committees: Reports of various committees and commissions which are appointed from time to time by government and semi-government agencies.
4. Newspapers and Magazine's Reports and Publications: Research articles and Survey Reports published by news papers and magazines such as The Economic Times, The Financial Express, The Economist etc.
5. Publications of Industrial Houses and Trade Associations: Publications of business and commercial houses such as DCM, Hindustan Lever, Hindustan Machine Tools etc.
6. Research Publications of Universities and Research
Secondary data is different from primary data on the basis of the sources of their collection. The difference between the two is relative - data which is primary at one place become secondary at another place.
Sources of Secondary Data
Sources of secondary data can be classified mainly into two categories- (i) Published sources and (ii) Unpublished sources.
Published sources: The following sources are covered in the category of published sources.
1. Government Publication: There are numerous publications of Central and state governments in India which are published regularly or from time to time. Data relating to various aspects of the economy and nation are published there in. Some important government publications are as follows:
a) Annual Economic Survey
b) Reserve bank of India Bulletins
c) Five-Year plans
d) Budget Publications
e) Report or Currency and Finance
f) Statistical Outline of India.
2. Semi-government Publications: Semi-government publications such as reports and data collected and published by Banks, Corporations, Municipal Committees, Panchayats etc.
3. Reports of Commissions and Committees: Reports of various committees and commissions which are appointed from time to time by government and semi-government agencies.
4. Newspapers and Magazine's Reports and Publications: Research articles and Survey Reports published by news papers and magazines such as The Economic Times, The Financial Express, The Economist etc.
5. Publications of Industrial Houses and Trade Associations: Publications of business and commercial houses such as DCM, Hindustan Lever, Hindustan Machine Tools etc.
6. Research Publications of Universities and Research