The Ministry of Statistics and Programme Implementation (MoSPI) has initiated a key revision of India’s national accounts by setting FY 2022-23 as the new base year. To support this, MoSPI has released a discussion paper on methodological improvements in the compilation of National Accounts aggregates using the expenditure approach, inviting…
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India Strengthens Global Indices Tracking and Methodologies
The Government of India is strengthening its statistical methodologies and global indices tracking to better monitor economic, governance, and industrial performance. The Ministry of Statistics and Programme Implementation compiles key indicators such as Gross Domestic Product (GDP), monthly Consumer Price Index (CPI), and Index of Industrial Production (IIP) following internationally…
