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Growth Forecast
April 13 , 2019
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- Gita Gopinath, the chief economist of International Monetary Fund (IMF) has slashed India’s growth estimate for the financial year 2019-20 from 7.7% to 7.5%.
- She has raised concerns about deflator, or the base year used to calculate the real GDP and stressed the need for transparency in statistics released by the Government.
- India is a subscriber to the IMF’s Special Data Dissemination Standards (SDDS).
Statistics in India
- The Ministry of Statistics and Programme Implementation (MOSPI) is ministry concerned with coverage and quality aspects of statistics released.
- It was formed in 1999 after the merger of the Department of Statistics and the Department of Programme Implementation.
- The Statistics Wing, also called the National Statistical Office (NSO) consists of
- The Central Statistics Office (CSO)
- The National Sample Survey Office (NSSO)
- The Computer center
- The Programme Implementation Wing has three Divisions
- Twenty Point Programme
- Infrastructure Monitoring and Project Monitoring
- Member of Parliament Local Area Development Scheme (MPLAD).
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