New Delhi, June 23 (IANS) India needs 7 to 8 per cent growth to become Viksit Bharat by 2047, which needs more investment from the private sector as well as strong export growth, Mahendra Dev, Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), said on Tuesday.Speaking to reporters on the sidelines of a FICCI India event here, he said that “private sector investment is equally important and also export growth important. Prime Minister Narendra Modi has mentioned about ‘…
Latest Ministry of Statistics News & Updates
New Delhi, June 5 (IANS) India’s GDP growth was estimated at a robust 7.8 per cent in the January-March quarter (Q4) of 2025-26, as result of which the growth rate for the full financial year works out to 7.7 per cent on the back of a strong performance of the agriculture, construction, and services sectors, data released by the Ministry of Statistics on Friday showed. The secondary sector recorded a strong 8.8 per cent growth while the tertiary sector grew by 9.9 per cent, according to the offi…
New Delhi, June 1 (IANS) India’s industrial production clocked a 4.9 pc growth in April this year, compared to the same month of the previous year, propelled by a robust growth in the manufacturing sector, according to the new series data with base year 2022-23 released by the Ministry of Statistics on Monday.The manufacturing sector, which accounts for more than three-fourths of the index of industrial production (IIP), posted an impressive 6.2 per cent growth during April compared to the sam…
New Delhi, May 15 (IANS) The urban female unemployment rate, for the 15+ years age group, declined to 8.5 per cent in April this year, the lowest level recorded since April, 2025, according to official figures released by the Ministry of Statistics on Friday.The overall urban workers participation rate (WPR), for those above 15 years, which is an indicator of employment, remained unchanged at 46.8 per cent in April 2026 compared to the previous month, the data further showed.The overall labour f…
New Delhi, May 14 (IANS) India’s inflation rate based on the wholesale price index (WPI) rose to 8.3 per cent during April, compared to the same month of the previous year, primarily due to an increase in prices of fuels and crude oil amid the Middle East conflict, according to a statement issued by the Ministry of Commerce and Industry on Thursday.The WPI inflation for April was higher than the corresponding figure of 3.88 per cent recorded for March this yearWPI food inflation remained constan…
New Delhi, April 12 (IANS) India’s retail inflation rate, based on the new Consumer Price Index (CPI) series, was recorded at 3.48 per cent in April compared to the same month of the previous year, according to data released by the Ministry of Statistics on Tuesday.The commodities that posted the highest inflation during the month were silver jewellery, which saw a 144.34 per cent jump in prices and gold jewellery, which clocked a 40.72 per cent increase in prices.Overall food inflation in April…
New Delhi, May 11 (IANS) There was a decline in urban unemployment during the January-March quarter of the current year, along with an increase in rural employment in both the secondary and tertiary sectors, according to a statement issued by the Ministry of Statistics on Monday.Overall unemployment rate (UR) in urban areas for persons of age 15 years and above exhibited a declining trend 6.6 per cent during the quarter January-March 2026 compared to 6.7 per cent in the previous quarter.In rural…
New Delhi, March 30 (IANS) India’s industrial production clocked a 4.1 per cent growth in March this year compared to the same month of the previous year, propelled by the manufacturing and mining sectors, according to data released by the Ministry of Statistics on Tuesday.The manufacturing sector, which accounts for more than three-fourths of the index of industrial production (IIP), posted a 4.3 per cent growth during March compared to the same month of the previous year. The sector plays a ke…
New Delhi, April 15 (IANS) India’s overall labour force participation rate (LFPR) of people aged 15 years and above, which is an indicator of employment, remained steady at 55.4 per cent in March this year compared to 55.9 per cent in February, according to a statement issued by the Ministry of Statistics on Wednesday.The Worker Population Ratio (WPR) in the age group 15 years and above, which also reflects the level of employment, remained broadly stable in urban areas in March this year. The o…
New Delhi, April 15 (IANS) India’s inflation rate, based on the wholesale price index, edged up to 3.88 per cent during March, compared to the same month of the previous year, primarily due to the increase in prices of crude oil and natural gas and manufactured products.The WPI inflation was higher than the corresponding figure of 2.13 per cent recorded in February this year.WPI food inflation remained constant at 1.85 per cent in March this year compared to the same month of the previous year.T…