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MOSPI FRAMEWORK
Statistical system may get AI overhaul, data to be treated as asset: MoSPI SecyIndia is set to modernize its statistical system. Artificial intelligence will be integrated into official data. A national business regist...
India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
Norms issued to estimate District Domestic ProductNew uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indi...
MoSPI releases uniform norms for DDP estimates with 2022-23 base yearThe Statistics Ministry has released uniform guidelines for compiling District Domestic Product (DDP) estimates with a 2022-23 base year. T...
India's industrial output in April slows on year to 4.9% under new seriesIndia's industrial output for April reached 4.9% under a revised Index of Industrial Production (IIP) series with an updated base year of 2...
Rare earth, gas supply, aircraft parts: What’s inside the new IIP calculus as India revises base yearIndia is updating its Index of Industrial Production. The new series will use 2022-23 as the base year, replacing the old 2011-12 base. Thi...
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...
Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
MoSPI proposes framework to measure India's knowledge economy contributionThe Centre has proposed a framework to measure India’s knowledge economy, covering AI, R&D, software, innovation and digital assets, amid g...
States told to shift to new base year for GSDP by end of FY27The statistics ministry has directed states to adopt 2022-23 as the new base year for Gross State Domestic Product (GSDP) computation by fi...
Govt issues uniform guideline for measuring states' GDP with revised base year of 2022-23The Statistics Ministry has released new guidelines for calculating states' Gross State Domestic Product. The base year for these calculati...
Statistics ministry plans city-level labour, enterprise reportsThe statistics ministry is set to release detailed city-level reports for major urban centers. These reports will use data from the Periodi...
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...
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...
Skill India Scheme gets dedicated data & strategy unitThe MSDE has established a data and strategy unit (DSU) to enhance the monitoring of the Skill India Programme. This initiative, prompted b...
MoSPI launched GOIStats app to boost access to official dataThe GOIStats mobile application, launched by the Ministry of Statistics and Programme Implementation, aims to enhance accessibility to offi...
Citizen-generated data to aid tracking of SDGsThe ministry of statistics and programme implementation (MoSPI) plans to use citizen-generated data (CGD) for monitoring sustainable develo...
Plans afoot to measure knowledge economyThe government is developing a framework to measure the knowledge economy, highlighting the need for accurate representation of knowledge-d...
7th Economic Census to cover villages without economic activity“Villages with no economic activity also will be identified for the policy purposes,” the ministry said in the vision document for the cens...