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MOSPI GDP ESTIMATES
India to roll out new high-frequency economy barometer on July 14India will launch a new services production index next week to track activity in the country's dominant services economy. It aims to provid...
India is plotting a game-changer for RBI, banks, corporates, investorsIndia is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed Mo...
FY26 growth higher than anticipated, shows India's resilience: MoSPI SecretaryIndia's GDP growth of 7.7 per cent in FY2025-26 came in higher than anticipated in the Second Advance Estimates (SAE), reflecting the resil...
MoSPI asks states to shift GSDP base year to 2022-23 for better economic data accuracyThe Ministry of Statistics and Programme Implementation has issued new guidelines for calculating Gross State Domestic Product. The base ye...
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 speeds up data releases, launches new website, revamps surveysIndia's statistics ministry is modernizing its data systems. New digital tools and faster releases are improving access to socio-economic i...
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...
New GDP series to include data on informal sectorThe ministry of statistics and programme implementation is exploring new data sources for estimating the informal sector within the revised...
India changes timing of revealing its GDP dataThe Government of India has announced a change in the release timing for its quarterly Gross Domestic Product (GDP) estimates, moving the r...
Govt mulls more frequent job data surveysIndia's Ministry of Statistics and Programme Implementation (MoSPI) is considering increasing the frequency of the Periodic Labour Force Su...
MoSPI reduces no. of GDP estimates, timeline by a yearThe ministry will now release five GDP numbers instead of six, with the final revision coming nearly two years from the completion of the f...
Decoding GDP Estimates: Six iterations in three years, but is it necessary?Releasing GDP estimates undergoes six revisions over three years, starting with the First Advance Estimate (FAE). Examining four years of d...
Government defends official growth data, says followed global practicesIn a clarification issued in response to a paper authored by Arvind Subramanian, the govt said the country follows accepted international p...
MoSPI is giving an increased focus on data quality, assurance, credibility: GovernmentThe government had last month approved the merger of National Sample Survey Office (NSSO) with the Central Statistics Office (CSO) under Mo...
Chief statistician to remain head of statistics systemUnder criticism for restructuring the statistical system, the government has clarified that the chief statistician will continue to be the ...
NSC members didn’t express concerns on GDP back series, jobs data earlier, says govtNSC members PV Mohanan & JV Meenakshi quit the apex statistics body citing concerns on its functioning.
Members who quit National Statistical Panel never expressed reservations during meetings: MoSPIThe ministry, it further added, values the advice of NSC and takes appropriate action.