Planning machinery is required to ensure a system of scientific planning, monitoring and evaluation of the development plans, assessment of plan resources and optimal utilization at various levels. The State Planning Board is required to assess the priorities, challenges, suitability, possibility, viability, feasibility, direction, quantum and pace of developmental planning in the State. The Directorate of Economics and Statistics is entrusted with the responsibility of collection, compilation, tabulation and analysis of various types of statistical data required by the state govt. /central govt and researchers. Various types of statistics collected by the Directorate are Agriculture Statistics, State income, vital statistics, price and other socio-economic statistics. Agriculture survey wing brings out reports on Agriculture Production, District wise crop yield, reports for agriculture insurance schemes and different use of land etc. Vital statistics wing is mainly entrusted with the work of registration of births and deaths. State income wing of the Directorate brings out data on subjects like State Domestic Product, Capital Formation etc. National Sample Survey wing of the Directorate conducts surveys on selected topics selected by GoI. The Planning & Development Department of the State is the co-coordinating department for all plan related works.
The main objectives of the department are to review and monitor the credit flow in the Jharkhand region by the Commercial Banks, Regional Rural Banks and other Financial Institutions specially in the rural areas and to act as a Nodal Agency for co-ordination between development Departments / District Administrations of Jharkhand State and Financial Institutions.