New Delhi, April 12 (IANS) Pakistan is facing renewed concerns over rising poverty levels, with fresh estimates by the Social Policy and Development Centre (SPDC) suggesting that the country’s poverty rate has climbed to 43.5 per cent, a report has said. This figure is significantly higher than the 28.9 per cent estimated by the Pakistan Bureau of Statistics (PBS) based on the Household Integrated Economic Survey 2024-25, as per the Business Recorder report.The divergence in estimates stems la…
Latest National Accounts News & Updates
New Delhi, Feb 27 (IANS) India’s real GDP growth rate for the October-December quarter (Q3) of the financial year 2025-26 is estimated at 7.8 per cent in the new series with 2022-23 as the base year, data for which was released by the Ministry of Statistics on Friday.The projected annual GDP growth rate for the full financial year 2025-26 has been pegged at 7.6 per cent compared with 7.1 per cent for 2024-25, according to the advance estimates, which were also released along with the data.Real G…
New Delhi, Feb 27 (IANS) As the new GDP series (with base year 2022–23) is scheduled to be released on Friday, a sub-committee set up by the Ministry of Statistics and Programme Implementation (MoSPI) has also recommended an enhanced use of GST data in the new series for GDP estimates.The report of the sub-committee forms part of the process launched by MoSPI to revise the base year of the National Accounts to FY 2022–23.In the 2011-12 series, GST data were used to compile the Quarterly Nati…
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 23 (IANS) Ahead of the launch of new GDP series with FY 2022-23 as base year, the government on Friday launched a third discussion paper which focuses on changes in methodology of quarterly GDP series and Sub-national Accounts.The Ministry of Statistics & Programme Implementation released the discussion paper, titled on “Changes in Methodology of Quarterly GDP series and Sub-national Accounts”.The ministry has invited comments and feedback from experts, academicians, gover…