IARNIW – It is An association of research workers in the field of national income & wealth, savings, capital formation, input-output tables, compilation of state/district domestic product and related economic aggregates. IARNIW is a registered non-profit institution. The activities of IARNIW are generally financed from grants made available by the Ministry of Statistics & Programme Implementation, Planning Commission and the Reserve Bank of India.

The National Income Committee (NIC) set up in 1949 by the Government of India under the Chairmanship of Prof. P.C. Mahalanobis recognised the need for contribution from a wider group participating in research on national income and allied subjects to address various issues relating to estimation and compilation of national income estimates. The NIC recommended the holding of an annual conference on national income and wealth. The First Indian Conference on Research in National Income was organised by the Central Statistical Organisation (CSO) in early 1957. In 1964, this conference was converted into the Indian Association for Research in National Income and Wealth (IARNIW). Dr. V.K.R.V Rao was the first President of IARNIW. He is credited with the building of IARNIW as an independent research body under the aegis of the National Statistics Office.

The presence of a large number of Official Statisticians from the Ministry of Statistics, Reserve Bank of India etc, directly involved in the compilation of the National Accounts Statistics, in the Association provides a unique platform for bringing together research workers, academics from research institutions and universities.