Washington, Feb 17 (IANS) India is turning to artificial intelligence, expanded labour surveys, and tax data integration to modernise one of the world’s largest statistical systems, its chief statistician said, as demand grows for faster, more granular economic data. Saurabh Garg, secretary of the Ministry of Statistics and Programme Implementation, in a recent interview podcast with the IMF, said the country continues to rely on door-to-door surveys but has shifted to tablet-based data col…
Latest Economic Data News & Updates
New Delhi, Feb 9 (IANS) After conducting a comprehensive exercise to enhance key data relevance, accuracy and international comparability, the government is set to release a new series of GDP, CPI and IIP (based on the new base year) on February 27, February 12 and May 28, respectively, the Parliament was informed on Monday.Minister of State Rao Inderjit Singh told the Rajya Sabha that the Ministry of Statistics and Programme Implementation (MoSPI) decided on a comprehensive exercise for revisio…
New Delhi, Jan 28 (IANS) India’s recent statistical reforms mark a decisive shift towards greater relevance, responsiveness, and credibility. By updating base years for GDP, Consumer Price Index (CPI), and Index of Industrial Production (IIP), strengthening the measurement of the informal and services sectors, and transforming labour statistics, the government has aligned official data more closely with the structure and dynamics of today’s economy, according to an official statement issued on…