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…
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New Delhi, March 23 (IANS) The government on Monday said that India Inc has lined up capital expenditure (CAPEX) plans worth over Rs 11 lakh crore for the current financial year 2025-26, highlighting strong investment momentum in the private corporate sector.According to a survey by the National Statistical Office (NSO) released by the Ministry of Statistics & Programme Implementation (MoSPI), conducted between October and December 2025, the provisional aggregate CAPEX for FY26 is estimated …
New Delhi, March 12 (IANS) India’s inflation rate, based on the new Consumer Price Index (CPI) series with 2024 as the base year, edged up to 3.21 per cent for February compared to the same month of the previous year, according to data released by the Ministry of Statistics on Thursday.There was an increase of 0.47 per cent in the CPI inflation in February compared to the revised figure of 2.74 per cent for January this year, when the new series was launched. However, there was a more than 10 pe…
New Delhi, Feb 27 (IANS) Chief Economic Advisor (CEA) V. Anantha Nageswaran on Friday said there is no doubt that India will become the third largest economy in the course of the next few years, as the country’s real GDP growth rate was estimated at 7.8 per cent for Q3 FY26 in the new series with 2022-23 as the base year, and 7.6 per cent for the full financial year.Answering an IANS question at a press conference here, Nageswaran said that our growth rate post-Covid has been probably one of the…
New Delhi, Feb 24 (IANS) A sub-committee set up by the Ministry of Statistics and Programme Implementation (MoSPI) has recommended enhanced use of GST data in the new series for GDP estimates with 2022-23 as the base year. The report of the sub-committee on the incorporation of new data sources, rates, and ratios, released on Tuesday, forms part of the process launched by MoSPI to revise the base year of the National Accounts to FY 2022–23.The new series (Base: 2022–23) is scheduled to be re…
New Delhi, Jan 28 (IANS) The government on Wednesday released a discussion paper which outlines the proposed methodology for seasonal adjustment of the Index of Industrial Production (IIP).The Ministry of Statistics and Programme Implementation (MoSPI) is undertaking the base revision exercise of the IIP.In the process, it is revisiting methodologies, exploring new data sources and incorporating changes after comprehensive consultations with the experts, academicians, users and other stakeholder…
New Delhi, Jan 8 (IANS) As India’s economy is estimated to grow at 7.4 per cent in the financial year 2025–26, the BJP on Thursday attributed the projected growth to Prime Minister Narendra Modi’s vision and hard work. However, Opposition parties dismissed the claims, asserting that the ground reality paints a very different picture and alleging that the economy is in distress. Speaking to IANS, BJP National General Secretary Tarun Chugh said that despite global challenges and uncertaintie…
New Delhi, Dec 22 (IANS) The Ministry of Statistics and Programme Implementation (MoSPI) is organising the second pre-release consultative workshop on the base revision of the Gross Domestic Product (GDP), Consumer Price Index (CPI), and Index of Industrial Production (IIP) at the Bharat Mandapam here on Tuesday.The primary objective of the workshop is to share the proposed methodological and structural changes in the ongoing base revision of the GDP, the CPI, and the IIP for seeking feedback an…