WebNov 12, 2024 · Why in news. The Ministry of Statistics and Programme Implementation (MOSPI) is considering changing of base year for GDP calculation from 2011-12 to 2024 … WebNov 29, 2024 · For 2012-13, the back series based on the new base year (2011-12) revised the GDP growth rate upwards to 5.5% from 4.7% …
New GDP back series raises more questions than it answers
WebMar 23, 2024 · The government may launch two macroeconomic indicators -- the index of industrial production and the wholesale price index -- with new base year 2011-12 by April-end to ensure compatibility with growth numbers. The change in the baseline for IIP and WPI, currently at 2004-05, is expected to bring in more accuracy in mapping the level of ... Web2004- 05, as per the new series of NAS with base year 2011-12. 2. When a new series of NAS is introduced with a revised/updated base year, the Central Statistics Office (CSO) also releases back-series to link the old series with the new series by reworking, wherever feasible, using the new series methodology up to the previous base or by greater ithaca landscaping
New National Income Estimates: Some Observations - JSTOR
WebThe CSO has recently released a new series of national accounts with base year 2011-12. This series presents a considerably improved performance of the economy during the … WebIIP on the basis of new base year (2011-12) is under progress. The Directorate of Economics and Statistics, Department of Planning, Rajasthan has been compiling/releasing index of industrial production for the Rajasthan State since 1971 as per the guidelines of the Central Statistical Office (CSO), Govt. of India. WebAug 22, 2024 · For years preceding 2011-12, however, the CSO faced issues for evaluating GDP with the new base year — due to the lack of availability of the MCA-21 database. … greater italy flag