New Delhi, June 6 (IANS) April and May high‑frequency indicators showed above‑average acceleration in growth and, if the trend continues in June, FY27 growth could surpass the Reserve Bank of India’s estimate of 6.6 per cent, a report said on Saturday.The report from SBI Research said, “Despite external headwinds, the Indian economy is poised to remain the fastest‑growing major economy in FY27 by leveraging its sound macroeconomic fundamentals and robust financial sector.”Further, “defla…
Latest PLFS News & Updates
Gandhinagar, March 12 (IANS) Gujarat has the lowest unemployment rate in the country at 1.1 per cent, significantly below the national average of 3.2 per cent, Labour and Employment Development Minister Kunvarji Bavaliya said in the Legislative Assembly on Thursday.Citing the Periodic Labour Force Survey (PLFS) of the Central government, Bavaliya said the figures reflected the impact of the state’s employment and skill development initiatives.“Against the national average unemployment rate o…
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…