Ministry of Statistics and Programme Implementation is entrusted with responsibilities of gathering data related to the economy and publishing various reports and indices that give an accurate picture of both micro and macro sectors of the Indian economy. The ministry develops and maintains high standards of statistical methodologies in its work, that enable and guide the government to take data driven decisions in policy implementation.
- Department of Statistics
- Central Statistics Office (CSO)
- National Sample Survey Office (NSSO)
- Department of Programme Implementation
- Project Monitoring Division
Members of Parliament Local Area Development Scheme (MPLADS) is an ongoing central sector scheme (since 1993) under the ministry, that allows members of Parliament (MPs) to recommend developmental work in their constituencies (or constituency of choice in case of Rajya Sabha members), with emphasis on creating durable assets that serve local needs.
Organisations and publications:
Central Statistics Office (CSO) is responsible for macroeconomic data gathering and statistical record keeping.
CSO publishes many indicators of Indian economy, including:
- Index of Industrial Production (IIP) – published monthly.
- Annual Survey of Industries (ASI)
- Consumer Price Indices (CPI) – retail inflation.
- Human Development Statistics, Gender statistics, Energy Statistics, Social and Environment statistics, National Industrial (Activity) Classification.
- GVA data of various sectors of the economy.
National Sample Survey Office (NSSO) is responsible for conducting socio-economic surveys (usually once in 5 years) related to employment, manufacturing, consumption, etc. such as the household Consumer Expenditure Survey (CES).
CPI based inflation is called headline inflation.
Core inflation excludes food and fuel, because they are very volatile and do not always reflect the trend in underlying inflation.
While CSO publishes the retail inflation data through its Consumer Price Index (CPI) (retail), other measures of inflation are published by other agencies.
Consumer Price Index for agricultural labourers CPI (AL) and for Industrial Workers CPI (IW) published by the Labour Bureau, Ministry of Labour and Employment.
Wholesale Price Index (WPI) is published by DIPP (now Department for Promotion of Industry and Internal Trade).
While CSO publishes the Index of Industrial Production (IIP), a similar index, Index of eight Core Industries (ICI) is published by the DIPP, Ministry of Commerce and Industry. The 8 core industries constitute around 40% weightage in the IIP, and include sectors, in decreasing order of their weightage in IIP: Electricity, Steel, Refinery products, Crude Oil, Coal, Cement, Natural Gas, Fertilizers.
Central Statistics Office (CSO) has started using GDP as the main measure of economic activity since January 2018. It had been using GVA for the purpose since 2015. RBI too has switched to GDP based measure for its growth forecasts, citing global best practices. While GVA gives a picture of state of economic activity from the producers’ side [useful for comparing sectors], GDP gives the picture from consumers’ side or demand perspective. GDP = GVA + taxes – subsidies.
PRAGATI (proactive governance and timely implementation) is an ICT based multi-modal platform, that enables real-time interaction, project monitoring, and convergence between various agencies of the central and state governments working on a project. It bundles digital data management, video conferencing, and geo-spatial technology, to promote e-transparency and e-accountability. Ministry of Statistics and Programme Implementation is a stakeholder in this platform, and provides it its databases.