New Delhi, December 22:
The Ministry of Statistics and Programme Implementation (MoSPI) announced on Monday that it will hold a workshop focusing on the upcoming revision of the GDP and Consumer Price Index (CPI) bases. The initiative is aimed at familiarising statisticians, economists, and policymakers with the updated methodologies and preparing stakeholders for the upcoming release of the revised series.
Officials said the workshop will cover technical aspects of the base year revision, expected to improve accuracy in measuring India’s economic growth and inflation. The ministry also shared the release calendar for the new GDP and CPI series, providing clarity on data availability for researchers, analysts, and government departments.
Economic experts highlighted that periodic revisions of the GDP and CPI bases are crucial for reflecting structural changes in the economy, capturing new sectors, and ensuring that macroeconomic indicators remain relevant for policy decisions. MoSPI emphasised that the workshop will be an interactive session, enabling participants to understand the practical implications of the revisions for economic planning, forecasting, and decision-making.
The ministry urged officials, academicians, and media representatives to participate actively, noting that enhanced understanding of the revised series will contribute to more informed economic analysis and reporting.
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