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IIP METHODOLOGY PROPOSAL
India to revamp IIP with new base year, wider coverage from June 1India will launch an updated Index of Industrial Production on June 1. The new IIP will feature a 2022-23 base year and include sectors lik...- More accurate data soon: Big missing link in India's economy dashboard finally gets set to go liveCome July, India will unveil its inaugural Index of Services Production to correctly assess the pulse of the country's critical services se...
- MoSPI proposes Index of Service Production with 2024-25 as base yearThe Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector u...
- MoSPI to launch new surveys, boost high-frequency economic indicators: Saurabh GargIndia's statistics ministry is set to launch a new Index of Services Production. Plans include state-level data revisions and harmonisation...
- MOSPI proposes adoption of chain-based method of index of Industrial Production (IIP) compilationThe Ministry of Statistics and Programme Implementation is proposing a shift to a new method for calculating the Index of Industrial Produc...
- Govt to tap e-tailers, online sources for price data in new CPI seriesThe government plans to include online and e-commerce price data in calculating retail inflation (CPI) to improve its accuracy, reliability...
- Govt to release new series of retail inflation, GDP data from Feb, IIP from MayThe Ministry of Statistics and Programme Implementation will release new macroeconomic data series with revised base years for retail infla...
- Ministry of Statistics and Programme Implementation bats for replacing closed units in IIP IndexUnder the proposed methodology, inactive units would be substituted with active ones that have at least 12 months of overlapping data to en...
- MoSPI proposes new base years for IIP, GDP & CPIThe government plans to update the base years for key economic indicators. The Index of Industrial Production (IIP) and Gross Domestic Prod...
- Govt proposes 2022-23 as base year for GDP, IIP: MinisterThe government has proposed revising the base year for key economic indicators, setting 2022–23 as the new base year for GDP and IIP, and 2...
- States endorse MoSPI plan for district surveysIndia is gearing up to collect economic data at the district level, aiming to release gross district development figures by January 2026. T...
- India's GDP calculations set for an upgrade as MOSPI sets up panel to revise base yearThe Ministry of Statistics and Programme Implementation (MoSPI) has formed a 26-member committee led by Biswantah Goldar to update the base...
- Time is now ripe for an integrated platform to monitor the Indian economy with data-driven analyticsGiven India’s economic goals of achieving a $5 trillion economy by 2025-26 and becoming a "Viksit Bharat" by 2047, leveraging technology is...
- Inflated inflation fears: Why we should not get too worried by price riseEconomists are now using online prices to construct price indexes on their own to avoid measurement biases that distort evidence of price s...
- Use APT model to identify quality stocks during volatilityCapital asset pricing model (CAPM) is a one-factor model where the sensitivity (or beta) of a stock with respect to the market index return...
- No impact of MCA-21 irregularities on GDP, adjustments made, says governmentThe National Sample Survey technical report on services sector enterprises in India was released last week.
- NSSO report on services sector to be examined by committee: MoSPIThe results of this NSS Report will be further examined by the Advisory Committee before finalising the approach and methodology for the pr...
- Economic indices get makeover in keeping with changed timesFactory output rose 2.7 per cent in March, while wholesale prices rose 3.85 per cent under the new base year.
- need2know: 6 things you must know to start your day on D-StreetFitch has retained India’s sovereign rating for long-and short-term debt at investment grade.
- Data reactions too strong; we are putting checks in place: TCA AnantTCA Anant, the country’s chief statistician, says worries about the quality of government data after a glaring error in first quarter GDP g...
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