The Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector u...

The Ministry of Statistics and Programme Implementation is proposing a shift to a new method for calculating the Index of Industrial Produc...

Speaking amid scrutiny of India's stronger-than-expected 8.2% GDP growth in the second quarter of this financial year, he said, "We are eng...

India's government is updating its economic data base year. This revision will better show how the economy has changed over the last decade...

Chief Economic Advisor V Anantha Nageswaran stated that India's GDP estimation methods are not inferior. He urged a change in mindset that ...

Under the proposed methodology, inactive units would be substituted with active ones that have at least 12 months of overlapping data to en...

Krishnamurthy Subramanian's hypothesis is that base effect underestimates actual GDP growth during the lifecycle of revisions to GDP. He es...

A gap analysis study said 70% of the states do not have well-established systems to monitor common BMW treatment facilities (CBMWTFs) and o...

The International Monetary Fund has forecast an 8.8% GDP growth for India in 2021-22. Economists and statisticians say if the economy start...

The Central Statistics Office, under the ministry, had last updated base year for GDP calculation to 2011-12 from January 2015, replacing t...

CSO Director General G C Manna said the government is proceeding with a target of launching the new set of numbers by April-end.

"Good monsoon, well spread out, would not only raise agricultural output but also contribute to a feel good factor on the expectation of po...

While India's gross domestic product captures value-added figures, the index of industrial production (IIP) does not, which results in a ga...

One of the main reasons for GDP or IIP data being revised upward or downward is simply that such data is collected with a large time lag.

Statistics ministry is educating other depts on how to use the Collection of Statistics Act of 2008 to ensure that respondents share data w...

The government today said there was no question of any doubt on the credibility of the industrial production data.

The government will soon put in the public domain the national accounting methods in an attempt to lift confidence in the official numbers.