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    Income-Tax department extends deadline for filing revised ITR for AY25 to January 15
    Ministry of Finance Year Ender 2024: Department of Expenditure
    Dr. Arunish Chawla took charge as Secretary, Department of Revenue, Ministry of Finance
    Ministry of Finance Year Ender 2024: Department of Financial Services
    Year-end review 2024: Ministry of Statistics and Programme Implementation (MoSPI) during 2024
    Ministry of Finance Year Ender 2024: Department of Revenue
    Government of India and Asian Development Bank sign $500 million loan to support sustainable infrastructure projects aligned with the India’s climat...
    Key stakeholders from NPS ecosystem to come together with the launch of Association of NPS Intermediaries (ANI)
    Minutes of the Monetary Policy Committee Meeting, December 4 to 6, 2024 [Under Section 45ZL of the Reserve Bank of India Act, 1934]
    $350 Million Loan signing between Government of India and ADB
    Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chairs the Pre-Budget Consultation Meeting with States and UTs (with legislat...
    Government of India and Asian Development Bank (ADB) sign $42 million loan to strengthen coastal protection to help boost community resilience in Maha...
    CBDT launches Electronic Campaign to address income and transaction mismatches for FY 2023-24 and FY 2021-22
    3rd India-UK Financial Markets Dialogue: Joint Statement
    India’s FDI Journey Hits $1 Trillion
    Government of India and ADB sign $50 million loan for climate-adaptative water harvesting project in Meghalaya
    Revenue Secretary Shri Sanjay Malhotra inaugurates 67th Foundation Day of the Directorate of Revenue Intelligence in New Delhi
    India's Advancing Role in Global Trade Competitiveness
    CBDT extends due date for filing return of income in the case of an assessee withrequirement to furnish report referred to in section 92E, for AY 2024...
    Government of India and ADB sign $98 million loan to promote plant health management in India’s horticulture
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    December 31, 2024
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    Deadline extension for belated and revised income tax returns gives resident taxpayers extra time to reconcile books before filing.
    The Central Board of Direct Taxes extended the last date for resident individuals to furnish belated or revised returns of income for Assessment Year 2024-25, shifting the deadline from the prior year end date to a later date in mid January, allowing taxpayers additional time to reconcile books and make rectifications before filing.
    December 27, 2024
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    Direct Benefit Transfer via PFMS strengthens transparent beneficiary payments alongside procurement, borrowing and pension reforms.
    The Department of Expenditure expanded PFMS enabled Direct Benefit Transfer coverage and operational tools, integrated 117 external systems, and reduced credit failures; fixed the states' net borrowing ceiling at 3% of GSDP with an additional 0.5% GSDP borrowing window for power sector performance; enacted procurement reforms reducing performance security to 5%, raising monetary thresholds and issuing a revised Goods Procurement Manual; introduced Delegation of Financial Powers Rules, 2024; and approved the Unified Pension Scheme to commence 1 April 2025 with assured pension, family pension, minimum pension and inflation indexing.
    December 27, 2024
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    Administrative appointment: Secretary, Department of Revenue assumes charge, bringing extensive finance and international economic experience.
    Dr. Arunish Chawla assumed charge as Secretary, Department of Revenue, Ministry of Finance, following appointment by the Appointments Committee of the Cabinet. The release records his 1992-batch IAS (Bihar cadre) background, immediate prior tenure as Secretary, Department of Pharmaceuticals from 1 November 2023, earlier roles including Managing Director of the Metro Rail Project Patna, senior economic postings on foreign assignment (including at the IMF and as Minister (Economic) in Washington), service as Joint Secretary in the Department of Expenditure, and academic credentials of a Master's and Doctorate in Economics from the London School of Economics.
    December 26, 2024
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    Banking Sector Resilience strengthened through reforms, digital payments expansion and financial inclusion expanding credit and service access.
    Departmental reforms in 2024 enhanced banking-sector resilience through asset-recognition and resolution measures, recapitalisation and prudential frameworks that reduced gross and net NPAs and improved provision coverage and capital adequacy. Concurrently, the digital-payments ecosystem was expanded and internationalised via enhanced UPI features, interoperability measures, and regulatory directions including BBPS Master Direction and escrow protections. Financial inclusion was advanced through scale-up of basic bank accounts, low-cost insurance schemes, MUDRA and targeted credit programs, while agricultural credit and Kisan Credit Card saturation drives increased concessional lending to farmers and allied activities.
    December 26, 2024
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    Data governance strengthened: MoSPI unified metadata, launched eSankhyiki and rebased macrostatistical processes to improve accessibility.
    MoSPI strengthened the National Statistical System by fast tracking survey releases, publishing an Advance Release Calendar, launching the eSankhyiki portal and APIs for centralised access, issuing NMDS 2.0 and statistical standards for metadata and interoperability, constituting committees for base revision of GDP/CPI/IIP, delegating financial powers to regional HODs, reorganising survey divisions into product focused verticals, and operationalising a Research & Analysis Unit and Data Innovation Lab to support methodological innovation and stakeholder collaboration.
    December 26, 2024
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    Tax Administration Reforms: digital processes and risk-based GST and customs measures streamline compliance and facilitate refunds.
    The document describes a coordinated programme to enhance tax administration and trade facilitation through digitalisation, procedural reliefs, and risk-based compliance. Income tax measures emphasize faceless processes, e-verification, pre-filling, and rapid ITR/refund processing alongside demand resolution and taxpayer outreach. GST reforms focus on registration integrity, sequential return filing, input tax credit relaxations, conditional waivers for historical periods, and reduced pre-deposit for appeals. Customs modernisation highlights ICEGATE 2.0, ICETAB mobile examination, exchange rate automation, bonded warehouse digitisation, and expanded courier/postal export benefit processing, supported by international cooperation and financial intelligence enhancements.
    December 24, 2024
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    Sovereign-guaranteed financing expands institutional capacity for green infrastructure and sustainability assessment under new loan agreement.
    A sovereign-guaranteed multilateral loan will be extended to a public infrastructure finance company to provide long-term capital for green and sustainable infrastructure, support connectivity and energy transition, and target under-resourced sectors. The project emphasises mobilising private capital via innovative financing and risk-mitigation instruments and builds institutional capacity by establishing a sustainability unit, an environmental sustainability framework, and a sustainability scoring method to integrate sustainability practices into project assessment.
    December 23, 2024
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    Pension coverage expansion urged as Association of NPS Intermediaries launches to enhance subscriber welfare and regulatory collaboration.
    The Association of NPS Intermediaries (ANI) creates a collective platform of NPS stakeholders to expand pension coverage, promote NPS as a tax-efficient retirement product, strengthen subscriber welfare, streamline transparent subscriber processes, and provide coordinated feedback to regulators and policymakers to refine the NPS framework and develop the pension market.
    December 21, 2024
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    Monetary policy decision: repo rate unchanged and neutral stance to prioritise disinflation while supporting growth.
    The MPC meeting under Section 45ZL concluded with a resolution to keep the policy repo rate unchanged and to continue a neutral monetary policy stance focused on a durable alignment of CPI inflation with the medium term target while supporting growth. The minutes set out the macroeconomic and inflation outlook underpinning this choice-weak Q2 GDP driven by industrial slowdown, elevated food led headline inflation with core uptick, projected quarter by quarter GDP and CPI trajectories with evenly balanced risks-and record the voting split and individual member statements proposing alternative measures including a repo rate cut and non rate liquidity options.
    December 21, 2024
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    Policy-based loan expands manufacturing resilience through logistics reforms and institutional and regulatory strengthening, with digital integration to boost efficiency.
    A programmatic policy-based loan under the SMILE second subprogram supports a coordinated reform agenda to expand manufacturing and strengthen supply chain resilience by operationalizing a comprehensive policy framework that: strengthens institutional bases for multimodal logistics at national, state and city levels; standardizes warehousing and logistics assets to attract private investment; improves external trade logistics efficiencies; and adopts smart, low-emission digital logistics systems.
    December 21, 2024
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    State fund devolution under the 15th Finance Commission increases transfers and expands untied capital support for States.
    Devolution of central funds under the 15th Finance Commission has exceeded prior-transfer levels, increasing States' fiscal capacity. The 2024-25 SASCI allocation adds untied capital funds for State use across sectors and creates a disaster dispensation allowing eligible States, as assessed by an Inter Ministerial Central Team, to receive up to fifty percent of their Part 1 (Untied) SASCI allocation for reconstruction of infrastructure, in addition to resources under the National Disaster Response and Mitigation Fund.
    December 20, 2024
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    Climate-resilient coastal protection to combine hybrid engineering, nature-based solutions and institutional capacity building for community resilience.
    The Government of India and the Asian Development Bank agreed a loan to finance climate-resilient coastal and riverbank protection in Maharashtra through hybrid engineering and nature-based measures, enhanced climate-impact forecasting and remote-sensing shoreline monitoring, and institutional strengthening including a coastal infrastructure management unit and capacity building for gender equality, social inclusion, livelihoods, and disaster preparedness.
    December 17, 2024
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    AIS-ITR mismatch resolution campaign enables taxpayers to file revised or belated returns before applicable limitation deadlines.
    The CBDT's electronic campaign notifies taxpayers of AIS-ITR mismatches and non-filing for specified years, urging filing of revised, belated, or updated returns within the applicable limitation windows and permitting taxpayers to contest AIS entries or provide feedback via the AIS portal; the initiative is implemented under the e-Verification Scheme, 2021 and uses third-party data to enhance voluntary compliance and transparency.
    December 14, 2024
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    Cross-border financial cooperation to facilitate listings, regulatory alignment and joint workstreams driving investment and market access.
    The Dialogue prioritised facilitation of cross-border financial services and investment through regulatory alignment and market-access measures across capital markets, insurance, pensions, FinTech, sustainable finance and the IFSC. Key operative measures included exploring direct listings via GIFT IFSC, proposed increases in foreign investment limits in insurance, reforms to reinsurance frameworks and pension regulation to enable overseas investment, and joint workstreams-notably the Capital Markets Working Group, Fintech Joint Working Group, and Sustainable Finance Forum-to advance regulatory sandbox collaboration, digital payment connectivity, CBDC cooperation, disclosure standards and transition finance.
    December 12, 2024
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    Foreign direct investment policy attracts record cumulative inflows after reforms expanding automatic route and easing tax compliance.
    India has achieved cumulative FDI inflows of one trillion dollars since April 2000, supported by a 26% rise in FDI in the first half of the current fiscal year. The growth is attributed to investor friendly policy liberalisation-permitting 100% FDI under the automatic route in most sectors-pro business regulatory reforms, and measures enacted in 2024 abolishing the angel tax and reducing the income tax rate for foreign companies to simplify tax compliance for investors.
    December 5, 2024
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    Climate-adaptive water harvesting funds community-led water security infrastructure and capacity building for resilient rural irrigation systems.
    A concessional loan funds a climate-adaptive community-based water-harvesting project in Meghalaya to construct climate-resilient small water-storage facilities, develop command-area irrigation and micro-irrigation systems, establish weather stations, and pilot renewable micro-hydropower. The project will prepare a WHS master plan and village-level water security plans managed by local institutions, and strengthen capacity of state watershed and conservation departments while training farmers, especially women, to enhance irrigated agriculture, fisheries and horticulture and integrate climate adaptation into water-security planning.
    December 5, 2024
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    Integration of AI and ML urged to boost detection and enforcement against smuggling while preserving legitimate trade.
    DRI is urged to integrate Machine Learning and Artificial Intelligence to enhance detection and enforcement; its intelligence has helped identify policy gaps, and recent empowerment under wildlife protection legislation aids wildlife smuggling enforcement. Expansion of technical and human capacity is recommended to counter technologically sophisticated criminals while balancing enforcement with facilitation of legitimate trade; publication of smuggling reports and regional international cooperation initiatives support intelligence-led responses to smuggling and commercial frauds.
    December 3, 2024
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    Foreign Trade Policy reforms expand export incentives and digital facilitation to strengthen global supply chain integration and exporter support.
    The document sets out India's export policy architecture centred on the Foreign Trade Policy, organised around remission incentives, collaborative export promotion, digital ease of doing business measures, and focus on emerging sectors including SCOMET and e commerce. It details incentive mechanisms such as interest equalisation, rebate and remission schemes, PLI support for manufacturing, tariff line corrections, and investment reforms, together with operational facilitation through the National Single Window System, Trade Connect, Common Digital Platform for Certificates of Origin, ICEGATE and eBRC automation to reduce compliance costs and bolster MSME and district level export promotion.
    December 2, 2024
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    Due date extension for transfer pricing return filings: filing deadline moved to mid-December under CBDT circular.
    CBDT issued Circular No. 18/2024 (F.No.225/205/2024/ITA-II) dated 30.11.2024 extending the due date to 15th December of the assessment year for assessees required to furnish a transfer pricing report under section 92E; the original due date for filing the return of income under the filing provision was the 30th of November for AY 2024-25.
    November 30, 2024
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    Plant health management initiative to establish certified clean plant centres and accreditation enhancing horticulture resilience to climate impacts.
    The programme will establish dedicated clean plant centres with diagnostic laboratories, trained staff, and operating procedures to maintain disease free foundation material, and will roll out a certification and accreditation scheme to test and certify planting materials and accredit private nurseries. Implementation is by the Ministry of Agriculture and Farmers Welfare through the National Horticulture Board and the Indian Council of Agricultural Research, with consultations involving private nurseries, researchers, state governments, and growers' associations.

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      Year-end review 2024: Ministry of Statistics and Programme Implementation (MoSPI) during 2024

      December 26, 2024

      Contents
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      Survey Results release fast-tracked with use of technology

      Data releases as per the Advance Release Calendar

      Continuous engagement and regular feedback from the data users and stakeholders to improve data quality

      Base year revision exercise underway for GDP, IIP and CPI

      Data accessibility through eSankhyiki portal

      Strengthening statistical collaboration with Ministries/Departments/States/UTs

      Revamping of OCMS underway

      Mobile app launched for Members of Parliament and all other stakeholders for the MPLADS eSAKHI Portal

      The key initiatives/achievements of the Ministry of Statistics and Programme Implementation (MoSPI) during the year 2024 are as follows:

      A. Survey Reports released during 2024

      During the year, MoSPI released the results in respect of the following Surveys:

      1. Household Consumption Expenditure Survey (HCES) 2022-23

      MoSPI released the report on Household Consumption Expenditure Survey 2022-23 on 7 June 2024. It brought out the estimates of monthly per capita household consumer expenditure at both State and all-India levels and helps in understanding the consumption patterns, standard of living and well-being of the households. It also provided the budget shares of different commodity groups, which is used in preparing the weighting diagram for compilation of official Consumer Price Indices (CPIs). The report on HCES 2023-24 is likely to be released on 27 Dec 2024.

      1. Survey on Ayush 2022-23, NSS 79th Round

      The AYUSH 2022-23 is the first exclusive all-India survey on ‘Ayush’ conducted by the National Sample Survey of MoSPI from July 2022 to June 2023 as part of the 79th round of NSS. The survey was aimed to gather insights on awareness and use of traditional healthcare systems, including home remedies & medicinal plants. The survey brought out information on indicators on awareness, usage of Ayush and average expenditure incurred for availing Ayush treatment at all-India level along with state level estimates.

      1. Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2021-22, 2022-23 and 2023-24

      ASUSE is an integrated survey capturing economic and operational characteristics of unincorporated non-agricultural enterprises in manufacturing, trade and other services sectors (excluding construction) in order to supplement the corporate sector data. MoSPI released the key results on economic and operational characteristics of unincorporated non-agricultural enterprises in manufacturing, trade and other services sectors through the reports on ASUSE 2021-22, 2022-23 and 2023-24. The factsheet for the year 2023-24 was released on 24 Dec 2024.

      1. Periodic Labour Force Survey (PLFS)

      MoSPI released quarterly bulletins on PLFS (Urban) and Annual Report on PLFS (Rural and Urban) during the year. The reports provided estimates of the key employment and unemployment indicators (viz. Labour Force Participation Rate, Worker Population Ratio, Unemployment Rate). From Jan 2025 onwards, MoSPI is planning to release the PLFS reports for both rural and urban on a monthly basis.

      1. Annual Survey of Industries (ASI) Final Result (2022-2023)

      MoSPI released the report Annual Survey of Industries 2022-23 on 30 Sep 2024. The report provides a meaningful insight into the dynamics of change in the composition, growth and structure of various manufacturing industries in terms of output, value added, employment, capital formation and a host of other parameters.

      1. Comprehensive Annual Modular Survey (July 2022- June 2023)

      MoSPI released the report on Comprehensive Annual Modular Survey (July 2022- June 2023) on 9 October 2024. The survey was conducted to collect data to generate indicators related to education, out-of-pocket medical expenditure, use of mobile and internet, financial inclusion, ICT skills, possession of assets, etc. In addition, information related to drinking water, sanitation, energy use, birth registration, access to transport facilities, etc.  was also collected. The data collected in this survey represented the demand-side information of the households surveyed.

      B. New Surveys planned by MoSPI

      MoSPI initiated preliminary activities for undertaking the following new surveys:

      1. Domestic Tourism Expenditure Survey
      2. National Household Travel Survey
      3. Health Survey
      4. Forward-Looking Survey on private sector CAPEX

      These surveys would fulfill the data requirement in respect of Ministry of Tourism, Ministry of Railways, Ministry of Health & Family Welfare and Department of Economic Affairs, Ministry of Finance. The field work for the Forward-Looking Survey on private sector CAPEX has commenced and for the remaining three surveys the field work would start in the year 2025.

      C. Advance Release Calendar for MoSPI

      The Advance Release Calendar of MoSPI has been published on MoSPI website by laying down the list of all the data releases/reports/publications of MoSPI scheduled during the year 2024-25. It includes planned dates for publishing/release of macro-economic indicators viz. GDP, IIP and CPI, Survey Reports viz. Periodic Labour Force Survey (PLFS), Household Consumer Expenditure Survey (HCES), Annual Survey of Industries (ASI), Annual Survey of Unincorporated Sector Enterprises (ASUSE), Time Use Survey (TUS) etc. and various publications/reports on socio-economic issues including Sustainable Development Goals (SDGs), Payroll Reporting, Women and Men in India, Infrastructure Sector Performance, Project Monitoring. All data releases/reports/publication have been made as per the calendar by MoSPI till date.

      D. Stakeholder engagement and feedback mechanism

      As part of the initiative towards strengthening the National Statistical System, MoSPI implemented a series of reform initiatives. The initiatives included continuous engagement and regular feedback from the data users and stakeholders, in order to improve data quality. Towards this, MoSPI organised a series of Data User Conferences with data users and stakeholders to take feedback from them and improve the statistical processes and products and promote effective utilization of official statistics and data for policymaking.

      1. Household Consumption Expenditure Survey (HCES) 2022-23 – 19 June 2024
      2. Annual Survey on Unincorporated Sector Enterprises (ASUSE) 2022-23 – 23 August 2024
      3. Periodic Labour Force Survey (PLFS) 2023-24 – 26 September 2024
      4. Annual Survey of Industries (ASI) 2022-23 – 5 Dec 2024

      MoSPI also organised Workshops/conferences/brainstorming sessions with stakeholders:

      1. To raise awareness about the upcoming enterprise surveys of MoSPI namely Annual Survey of Industries (ASI), Annual Survey of Unincorporated Sector Enterprises (ASUSE), Economic Census (EC), Annual Survey of Service Sector Enterprises (ASSSE) and CAPEX, on 12 Sep 2024, MoSPI organised a Conference with Business Associations on Upcoming Enterprise Surveys to engage with various trade groups, associations, and business organizations.
      2. To address the issue of non-response in Sample Surveys, on 20 Sep 2024, MoSPI organised a Brainstorming session on the issue of non-response to sample surveys particularly by high income groups/gated societies/ high-rise housing facilities. Discussions were held on various facets of issue of non-response in high income groups to develop strategies that encourage the aforementioned target population to contribute valuable data and build trust among them by educating on the importance of data and privacy policies.
      3. To explore potential enhancements in CPI Compilation Methodologies, another brainstorming session was organised by MoSPI on 20 Nov 2024, on the "Treatment of PDS items and other necessities in Household Consumption Expenditure Survey (HCES) & Consumer Price Index (CPI) compilation.
      4. All India Workshop of Trainers for Forward looking survey on private corporate sector Capex investment intentions was organised ion Pune on 26 Sep 2024 to facilitate the conduct of survey.
      5. All India Workshop of Trainers (AIWOT) for the NSS 80th Round of its Socio-Economic Survey during 10th & 11th December 2024 to facilitate the conduct of surveys to be done during the round. The subjects under coverage in this Round are Survey on Household Social Consumption: Health and Comprehensive Modular Survey on Telecom (CMS-T).

      E. Base revision of GDP, CPI and IIP

      MoSPI initiated the process for base revision of its macro-economic indicators viz. CPI, IIP and GDP and constituted Committees for the same and consultations of the Committees are underway.

      1. Advisory Committee on National Accounts Statistics (ACNAS) has been constituted in June 2024 to guide the base revision of GDP and related macroeconomic aggregates. The Committee in its meeting in August 2024 has suggested to rebase the estimates from 2011-12 to 2022-23. Accordingly, MoSPI has decided to rebase the GDP estimates to 2022-23.
      2. Five Sub-committees of the ACNAS have been constituted to guide on various aspects of base revision such as adoption of new data sources, methodological improvement, use of deflator/inflator, regional accounts and SNA 2025 adoption. Seven meetings of the sub-committees have been held till date.
      3. For CPI base revision, base price collection, preparation of weighting diagram & compilation methodologies has commenced and the new series is expected by February 2026.
      4. Additional data sources are being explored for inclusion in compilation/estimation of GDP, CPI as well as IIP.

      F. Data visualization and dissemination

      To fulfill its vision of enhanced user experience and data accessibility through cutting-edge technology has launched the eSankhyiki portal on Statistics Day 2024 i.e. 29 June 2024 This portal contains time series data of important macro indicators and a catalogue of major data assets of the Ministry and has two sections:

      1. Macro Indicators: This module offers time series data of key macro indicators with features for filtering, visualizations, API & Metadata enabling ease of access & management of data. The portal currently has more than 4.1 million records.
      2. Data Catalogue: All major data assets of the Ministry e.g. National Account Statistics, Consumer Price Index, Index of Industrial Production and NSS surveys are listed in the Data Catalogue at one place for ease of access. The Data Catalogue has approximately 2700 datasets along with specific metadata and visualization for each dataset.

      The is a single source for the Official Statistics and would facilitate data driven decision making as various indicators are readily available in a user-friendly format. It will facilitate ease of Data Management for Official Statistics in the Country. Through e-sankhyiki portal, the WPI data from DPIIT can also be accessed, which has been ingested through API provided by DPIIT.

      G. Publication on Social Sector Statistics

      During 2024, MoSPI released the following publications on Social Sector Statistics. 

      1. EnviStats India 2024: Environment Statistics (5 June 2024)

      The publication is based on Framework on Development of Environment Statistics (FDES 2013) prescribed by UNSD for compilation of environment statistics and provides information on the six fundamental components namely (i) Environmental Conditions and Quality; (ii) Environmental Resources and their use; (iii) Residuals (iv) Extreme Events and Disasters; (v) Human Settlements and Environmental Health; and (vi) Environment Protection, Management and Engagement. This publication is the seventh in the series.

      1. Women and Men in India 2023 (12 Aug 2024)

      MoSPI has been releasing the publication titled “Women and Men in India” since 1995. The 25th issue of its publication titled “Women and Men in India 2023 was released during 2024. The publication is a comprehensive and insightful document that attempts to bring a holistic view of the situation of women and men in India and provides data on a wide range of topics such as Population, Education, Health, Participation in Economy, Participation in Decision making etc. among others. It provides data disaggregated by gender, urban-rural divide, and geographical region, which helps to understand the disparities that exist between different groups of women and men.

      1. EnviStats India 2024: Environment Accounts (30 Sep 2024)

      (MoSPI compiled and released the 7th consecutive annual issue of the publication “EnviStats India: Environment Accounts” on 30 September 2024 in accordance with the SEEA (System of Environmental Economic Accounting) Framework which is an agreed international framework for the compilation of the Environment Economic accounts. The publication provides details on Environment Accounts of some selected ecosystems/assets in terms of their extent, condition and services derived from these ecosystems and provides an understanding on the linkages between the environment and the economy.

      H. Sustainable Development Goals (SDG) Reports

      MoSPI undertook the work related to setting up of milestones for SDG national indicators in consultation with the line Ministries.  In this context, ‘Review of Milestone Setting for SDGs National Indicators’ was organized with stakeholder Central Ministries/Departments on 16 August 2024. It will help in preparing India for progress assessment and improvement for further showcasing it at 2025 Comprehensive Review of the SDGs Global Indicator Framework.

      The following three SDG Reports have also been released during the year:

      1. Sustainable Development Goals – National Indicator Framework Progress Report, 2024
      2. Data Snapshot on Sustainable Development Goals – National Indicator Framework, Progress Report, 2024
      3. Sustainable Development Goals – National Indicator Framework, 2024

      I. Initiatives towards strengthening Statistical Coordination with Central Ministries/ Departments/States/UTs

      1. (a) 28th Annual Conference of Central and State Statistical Organizations

      MoSPI organized the 28th Conference of Central and State Statistical Organizations (CoCSSO) on the theme “Use of Data for Decision Making: Strengthening State Statistical Systems” on 12 and 13 August 2024. The conference provided an institutional platform for discussion and improved coordination between the Central and State Statistical organizations for enhancing the efficiency of the Indian Statistical System in a collaborative approach. The conference was attended by representatives of more than 30 Central Ministries/Departments, around 29 State/UT Governments, Organizations/ Institutions such as Reserve Bank of India (RBI), Indian Statistical Institute (ISI), Council of Scientific and Industrial Research (CSIR), Indian Agricultural Statistics Research Institute (IASRI), Indian Council of Agricultural Research (ICAR), PHD Chamber of Commerce & Industry (PHDCCI), International Agencies such as World Bank, UN agencies and other stakeholders.

      (b) In order to strengthen the statistical coordination between MoSPI and State Governments/UT Administration, MoSPI organized a meeting of State Secretaries (Planning & Statistics) on 14 Nov 2024. The meeting was attended by the State Secretaries (Planning & Statistics) of States, Officers from MoSPI including senior officers from State Capital ROs of NSO,  NITI Aayog, other representatives from State / UT Governments and representative from the World bank, etc.

      1. Formalization of the Roles and Responsibilities of Statistical Advisers (SAs)

      To strengthen institutional mechanism of statistical coordination with various Ministries/Departments, MoSPI delineated the roles and responsibility of Statistical Advisers in all Central Ministries on 16 August 2024. This will strengthen the statistical coordination of MoSPI with other Central Ministries/ Departments and help in further improvement of National Statistical System. Two workshops have been organized with Statistical Advisers/ Senior ISS officers posted in various Ministries/ Department on 29 August 2024 and 23 Dec 2024 for their sensitization and feedback.

      1. Creation of survey wise verticals in National Sample Survey (NSS)

      As a step towards improving the statistical survey processes and to release qualitative survey results/ reports in shortest possible time, MoSPI created two survey wise verticals / divisions in NSS. Moving from process-based system to a product-based system, MoSPI restructured its existing divisions / units i.e. Survey Design and Research Division (SDRD) and Data Processing Division (DPD) and Industrial Statistics (IS) Wing together as Household Survey Division (HSD) and Enterprise Survey Division (EnSD) respectively to provide turnkey services with respect to Enterprise and Household surveys.

      1. Delegation of Financial Powers to HODs in the Divisions / Units including Field Offices of MoSPI

      As part of the administrative reforms initiatives, on 06 Sep 2024, MoSPI revised its Delegation of Financial Powers and designated 71 Heads of Department (HOD) in the Zonal Offices/Regional Offices/ DPCs of MOSPI. This have been framed to empower and allow greater autonomy to the authorities at Zonal & Regional Offices and reduce bottlenecks and facilitate ease of doing business and timely disposal of financial matters.

      J. Research, Analysis and Innovation

      1. Setting up of Research and Analysis Unit

      A Research and Analysis Unit has been set up in MoSPI in February 2024 with an aim to encourage and facilitate research and analysis in the field of official Statistics. As part of the mandate to analyse publicly available datasets and share the findings of the analysis with government stakeholders as research and policy inputs, the unit has prepared three working papers on various subjects and shared research and policy inputs with the concerned Ministries/Departments.

      1. Data Innovation Lab

      A Data Innovation (DI) Lab has been operationalized in MoSPI on 23 July 2024 with the objective to promote innovation, adoption of Information Technology, improvement in methodology etc. in the field of Official Statistics. The lab would create an ecosystem for experimentation, offering of new ideas and their Proof-of-Concept through wider participation of stakeholders such as entrepreneurs start-ups, academic-research organizations and Institutes of National & International eminence etc.

      The guidelines and governance mechanism have been notified and available on the website of the Ministry. All the Ministries and department of the Government of India have been requested to send problem statement. Ten problem statements have been identified and placed on MoSPI website. MoUs have been signed with five reputed Institutes viz. IIM Nagpur, IIT Madras, IIIT Vadodara, IIIT, Delhi and IIT Gandhinagar during the year.

      K. Initiatives on Data Governance and statistical standards

      1. National Metadata Structure (NMDS 2.0)

      MoSPI issued a revised National Metadata Structure (NMDS 2.0) to Central Ministries/ Departments on 18 October 2024 for compliance to promote transparency and better understanding of Datasets. MoSPI has started collaborative effort with Ministry of Tourism (MoT), Ministry of Rural Development, Department of Chemicals & Petrochemicals, Department of Public Enterprises and Department of Financial Services for implementation of NMDS 2.0.

      1. Compilation of Global/National Statistical Standards/Codes

      MoSPI developed and circulated a list of 68 international and 9 National Statistical Standards amongst the Central Ministries/Departments in October 2024 for ensuring adherence to these standards/codes as applicable. Consultation with Ministries/Departments are underway for effective implementation of the same.

       

      1. Compilation of Common Unique Identifiers during Data Production processes

      MoSPI compiled and shared a list of common identifiers among Ministries/Departments in November 2024 to facilitate interoperability between data platforms. A meeting under the chairpersonship of Secretary, DARPG, was held on 13.11.2024 with the officials of MoSPI, to discuss the plausible means and modalities of linking administrative datasets of DARPG namely, BHAVISYA and CPGRAMS with e-HRMS, AADHAR etc. The initiatives would facilitate for interoperability between data platforms.

      1. Revision in release time of GDP/IIP/CPI

      MoSPI has revised the release time for the Consumer Price Index (CPI) and Index of Industrial Production (IIP) from 5:30 PM to 4:00 PM on 12th of every month (the next working day if the 12th falls on a holiday of CPI) and Previous working day if 12th falls on a holiday in case of IIP) to provide more time on the day of release to access CPI & IIP data. The Ministry has also revised the release time for the GDP estimates from 5.30 PM to 4.00 PM.

      L.  Infrastructure Project Monitoring

      1. Online Computerised Monitoring System (OCMS) Portal Projects and Infrastructure Monitoring

      To ensure prompt monitoring of Central Sector infrastructure projects, MoSPI has formulated a Concept Note to bring uniformity in the concepts and definitions used in calculating project monitoring parameters (Time and Cost overrun). Towards, this MoSPI has initiated the process of integration of its OCMS portal with IIG-PMG portal in close coordination with all line Ministries, DPIIT and DEA. The Common Upload Form (CUF) of IIG-PMG of DPIIT has been modified and development of new cloud-based application platform (new-OCMS) is being undertaken with features of data analytics, dashboards, GIS, Mobile application and report generation functionalities, providing a comprehensive and efficient solution for project monitoring. Project & Performance Monitoring Unit (PMU) has been established by this division with multi-disciplinary domain expertise for strengthening IPMD in terms of project and performance monitoring by providing high value technical outputs.

      1. Capacity Building for Project Planning and Management

      MoSPI has initiated quarterly training programs on ‘Project Planning and Management’ (Strategic-level and Operational-level) targeting mid-level and senior officers of pay level 10 to 14 from Line Ministries, Departments, and CPSEs, at the premier IITs and IIMs. The primary objectives are to enhance awareness of project management practices, provide a collaborative platform for sharing ideas and best practices and emphasize the critical importance of accurate data reporting.

      M. Members of Parliament Local Area Development Scheme (MPLADS)

      The fund flow system in MPLAD Scheme administered by this Ministry was revised and new MPLADS Guidelines and web-solution in the form of eSAKSHI Portal was launched in Feb 2023. On 16 Jan 2024, Hon’ble Minister of State (I/C) of the MoSPI, Rao Inderjit Singh launched the mobile APP for eSAKSHI portal, which enables Hon'ble Members of Parliament to recommend works under the scheme through the app. The mobile app was launched for other stakeholders viz. States/UT Authorities, District Authorities and Implementing Agencies on 02 August 2024. A functionality to the users has also been provided to suggest works in their constituencies and also review the works done in their constituencies.

      N. Statistics Day Celebrations, 2024

      Statistics Day 2024 was celebrated on 29 June 2024 with a focus on the theme ‘Use of Data for Decision Making’. The main objective of celebrating Statistics Day is creation of public awareness, especially among the younger generation, on the role and importance of statistics in socio-economic planning and policy formulation for development of the country.

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