To encourage, stimulate and undertake research in national income, wealth and allied fields;
To hold seminars and conferences on problems in concepts, definitions and estimation of national income, wealth and allied topics;
To undertake publication of research studies produced by the Association and also of papers presented at its conferences, seminars etc.;
To consider such questions relating to the estimation of national income, wealth and related topics as may be referred to the Association by the Union or State Government; and
To establish fruitful contacts between the Association and foreign scholars and learned bodies working in similar fields.