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    Lok Sabha passes bill to authorise govt to permit banks to levy charges on UPI transactions
    Monetary Policy Statement, 2026-27 Resolution of the Monetary Policy Committee August 3 to 5, 2026
    Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
    Monthly review of accounts of Government of India upto June 2026 (FY 2026-27)
    DRI busts illegal drug manufacturing unit in Satara district in Maharashtra; two arrested
    CCI approves proposed combination inter alia involving share acquisition(s) and merger of certain entities e.g. AAPC India, Triguna, Caddie, SMPL, Tec...
    Rupee gains 20 paise to close at 95.08 against US dollar post-RBI policy decision
    TN Budget: Revenue deficit at Rs 55,775 crore, fiscal deficit estimated at Rs 1,21,819 crore
    Tatkare slams ‘gungi gudiya’ jibe against Sunetra; Cong says row being exploited for political gains
    RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
    Pakistan-origin dry dates, routed through UAE, seized at Kandla port
    RBI keeps rates unchanged, retains neutral stance; outlook uncertain on El Nino, geopolitical risks
    Government Notifies Inventory-based Cross-border E-Commerce Export Framework under Foreign Trade Policy 2023
    Customs official among 5 held for smuggling gold of Rs 1.44 crore at Indore airport
    Lok Sabha passes Bankers' Books Evidence Bill to replace colonial-era law
    Sensex gains 152 pts in volatile session as RBI keeps policy rates unchanged
    DRI seizes 364 metric tonne (MT) banned Pakistan-origin dry dates imports worth Rs. 3 crore
    Rupee gains 13 paise to close at 95.15 against US dollar post-RBI policy decision
    ED raids premises linked to ex-Andhra MLA Malla Vijaya Prasad in chit fund scam
    'Gungi gudiya' remark against Sunetra shows Cong's 'ideological bankruptcy': NCP leader Tatkare
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    August 6, 2026
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    Merchant discount rate framework may permit charges on notified UPI and digital payments through a government notification mechanism.
    The proposed amendment to Section 10A of the Payment and Settlement Systems Act, 2007 replaces the existing income-tax-linked reference with a Central Government notification-based mechanism for electronic payment modes. It removes the current statutory restriction preventing banks and payment service providers from charging Merchant Discount Rate on notified modes, enabling the Government to permit charges for UPI and other digital payments. The policy rationale is to support funding for payment infrastructure and a sustainable revenue model for service providers.
    August 6, 2026
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    Neutral monetary policy stance continues as resilient growth and food-fuel inflation risks require close macroeconomic monitoring.
    The Monetary Policy Committee retained the policy repo rate and continued the neutral monetary policy stance, citing the need to assess evolving growth-inflation conditions. Domestic activity was assessed as resilient, supported by consumption, investment, credit, manufacturing, services and exports, although global uncertainty, energy prices, supply-chain pressures, geopolitical developments and monsoon conditions remain risks. CPI inflation increased mainly because of food and fuel pressures, while underlying inflation remained moderate. The Committee considered that price pressures were not yet generalised and reaffirmed its commitment to align inflation with the target.
    August 6, 2026
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    Closing auction price discovery and a neutral monetary policy stance shaped equity market conditions amid lower crude prices.
    The Closing Auction Session in the equity cash segment introduced an auction-based mechanism for determining closing prices of eligible shares with futures and options contracts, intended to make price discovery more transparent and robust. The Reserve Bank of India retained its neutral stance and left the benchmark policy rate unchanged, pending greater clarity on the inflationary effects of higher energy costs. Future policy decisions were stated to be data dependent.
    August 6, 2026
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    Monthly public accounts review records receipts, expenditure, tax devolution, interest payments, subsidies, and capital spending through June.
    Consolidated monthly accounts up to June 2026 report total receipts of Rs.10,49,243 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution transfers to State Governments total Rs.2,63,336 crore. Total expenditure is Rs.13,57,076 crore, including revenue expenditure of Rs.10,16,818 crore and capital expenditure of Rs.3,40,258 crore. Revenue expenditure includes interest payments and major subsidies.
    August 6, 2026
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    Illicit psychotropic drug manufacture triggered seizure, apprehensions, and investigation into planned trafficking under narcotics control law.
    Illicit manufacture and trafficking of Alprazolam and Diazepam, psychotropic substances regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985, were detected at a clandestine facility. Searches recovered finished and intermediary substances, together with raw materials and reaction mixtures used in manufacture, and the goods were seized under the Act. The manufacturer and an intended buyer were apprehended, with material indicating a proposed transaction for further illicit trafficking. Preliminary investigation indicated prior involvement in illegal drug production and trafficking.
    August 6, 2026
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    Competition approval for hotel-sector consolidation covers share acquisitions and merger of Accor-branded hotel entities into InterGlobe Hotels.
    Competition approval was granted for related share acquisitions and the merger of AAPC India, Caddie, Triguna, Srilanand Mansions, Techpark and Accent into InterGlobe Hotels. The combination involves entities jointly controlled by the Bhatia Family Group and the Accor Group, including hotel-owning and developing entities, hotel management and franchising operations, leasing activities, and captive consultancy and support services relating to Accor-branded hotels in India.
    August 5, 2026
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    Rupee appreciation followed unchanged monetary policy, lower crude prices, weaker dollar and expectations of orderly exchange-rate management.
    The rupee strengthened after the central bank maintained its policy rate and neutral monetary-policy stance. Lower crude oil prices, a weaker US dollar and declining US Treasury yields supported investor sentiment. Earlier measures to attract capital inflows remained part of the framework supporting the rupee, while the central bank stressed its endeavour to preserve an orderly currency trajectory. Future movement was linked to geopolitical de-escalation, global risk sentiment and US economic data.
    August 5, 2026
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    Fiscal consolidation through revenue mobilisation and leakage control aims to reduce deficits while expanding capital expenditure capacity.
    Tamil Nadu's Revised Budget Estimates for 2026-27 project a revenue deficit and fiscal deficit, with outstanding liabilities comprising public debt and public-account liabilities. Revenue mobilisation is proposed through improved tax administration, collection efficiency, closure of leakages, liquor-manufacturer privilege fees, and eligible Union grants. The strategy projects gradual deficit reduction to create room for capital expenditure, supported by expenditure reforms aimed at eliminating leakages, optimising expenditure, and improving service delivery.
    August 5, 2026
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    Political criticism of public office-holders raises debate over media accountability, personal remarks, and acceptable public discourse.
    Political criticism followed a social-media post describing Maharashtra Deputy Chief Minister Sunetra Pawar as "gungi gudiya" in connection with a press interaction on law-and-order issues in Beed district. Congress representatives stated that the post was not a personal insult, had been deleted after adverse reactions, and was followed by an expression of regret. NCP representatives termed the expression inappropriate and stressed that the principal dignitary should conduct media interactions. Shiv Sena (UBT) representatives described the phrase as not unparliamentary and linked it to criticism of a guardian minister's public responsibilities.
    August 5, 2026
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    On-tap licensing for Urban Co-operative Banks enters public consultation through draft guidelines inviting stakeholder feedback.
    Draft guidelines for 'on tap' licensing of Urban Co-operative Banks have been issued for public and stakeholder consultation. Comments and feedback may be submitted until September 05, 2026, through the designated online consultation facility or by written or email submission to the specified regulatory department.
    August 5, 2026
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    Prohibition on indirect Pakistan-origin imports targets alleged origin misdeclaration and UAE routing used to circumvent trade restrictions.
    Import prohibition on goods originating in Pakistan applies to direct and indirect imports under the Foreign Trade Policy, 2023. Pakistan-origin dry dates routed through the UAE were allegedly declared as UAE-origin goods for import, and were intercepted under the Customs Act, 1962. Investigation indicated that the goods were first sent from Pakistan to Dubai, re-containerised, and then exported to India. A separate interception involved Pakistan-origin guggul resin allegedly declared as Somali natural resin and routed through Dubai.
    August 5, 2026
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    Neutral monetary policy stance keeps benchmark rates unchanged while inflation risks, liquidity management and consumer-protection reforms remain under review.
    Monetary policy maintains the benchmark policy rate unchanged and retains a neutral stance, with future decisions guided by incoming data. The central bank remains committed to aligning headline inflation with its medium-term target while monitoring food, fuel and other input-cost risks. Surplus liquidity will be managed through two-way operations, and the regulatory framework for interest rates on advances is proposed to be harmonised and standardised across regulated entities to improve transparency and consumer protection.
    August 5, 2026
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    Export-only e-commerce inventory framework enables seller exports through registered exporters while requiring traceability, timely payments and domestic-diversion controls.
    The export-only inventory framework permits eligible e-commerce entities to export through a registered Exporter-on-Record, which procures goods from Indian Sellers-on-Record against confirmed overseas orders and assumes export and destination-country compliance responsibilities. Inventory must be segregated, digitally traceable and cannot be diverted to domestic sale. The framework requires timely seller payments, visibility of overseas sales and shipment information, proportional pass-through of export rebates and refunds, annual compliance certification and digital records.
    August 5, 2026
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    Gold smuggling enforcement targets concealed foreign-origin gold, airport control evasion, and illicit railway transport under customs law.
    Gold smuggling enforcement operations under the Customs Act, 1962 involved alleged concealment and unlawful movement of foreign-origin gold. At an international airport, an alleged syndicate used an airline employee to transfer gold received from arriving passengers outside Customs and immigration controls, with gold disguised as silver-coloured bracelets. A separate railway operation concerned gold concealed in a specially made cloth waist belt and intended for delivery to a jeweller. The actions addressed concealment, evasion of Customs controls, and illicit transport of foreign-origin gold.
    August 5, 2026
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    Digital bank-record evidence gains a technology-neutral framework through expanded admissibility, certified authentication, and regulated production of bankers' books.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary treatment of banking records by extending "bankers' books" to physical, electronic, digital, virtual and cloud-based records. It recognises electronic bank records as admissible evidence, allows production in physical or electronic form, and provides for standardised certificates authenticated by manual, digital or electronic signatures. The Bill also defines "special cause" for compelling bank officers to produce records or testify where the bank is not a party, and permits extension to specified financial-sector entities subject to conditions.
    August 5, 2026
    Show AI Summary
    Closing auction price discovery and unchanged policy rates shaped volatile equity trading amid inflation and geopolitical uncertainty.
    The Monetary Policy Committee retained the policy repo rate and neutral policy stance while seeking greater clarity on inflation risks from higher energy costs. Stock exchanges introduced the Closing Auction Session for eligible futures and options shares in the equity cash segment to determine closing prices through a more transparent and robust auction-based price-discovery mechanism. Equity markets showed volatile, limited gains amid geopolitical uncertainty, energy-price concerns, profit booking and the new mechanism's introduction.
    August 5, 2026
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    Pakistan-origin import prohibition covers third-country routing, false origin declarations, forged documents, and trans-shipment arrangements used to evade restrictions.
    The prohibition on direct or indirect import or transit of goods originating in or exported from Pakistan extends to goods routed through third countries and falsely declared as having another origin. Misdeclaration of country of origin, false descriptions, forged documentation, and trans-shipment arrangements may contravene that prohibition and invite action under the Customs Act, 1962. Dry dates declared as UAE-origin and Guggul resin declared as Somalia-origin were investigated as goods of Pakistan origin routed through Dubai.
    August 5, 2026
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    Foreign exchange stability measures support the rupee as policy continuity, capital inflows and global risk sentiment shape currency expectations.
    Foreign exchange market movement reflected a rupee appreciation against the US dollar following the monetary policy decision to retain the repo rate and neutral stance. Market sentiment was supported by softer crude oil prices, weakness in the US dollar, lower US Treasury yields and foreign equity inflows. The monetary policy framework sought to support capital inflows and maintain an orderly rupee trajectory, with geopolitical developments and US economic data remaining relevant to near-term exchange-rate expectations.
    August 5, 2026
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    Money-laundering investigation examines alleged proceeds from chit fund operations following searches linked to a former company managing director.
    A money-laundering investigation concerns alleged proceeds of crime arising from a multi-state chit fund operation associated with Welfare Building and Estates Pvt Ltd. The company is alleged to have collected investor deposits through investment schemes promising high returns before defaulting. Searches at premises linked to its former managing director form part of the inquiry into alleged laundering. The underlying alleged fraud had previously resulted in a CBI case and multiple police FIRs.
    August 5, 2026
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    Political restraint in public communications was urged, alongside adherence to principal-speaker protocol during press conferences and media interactions.
    Political restraint in public communications was urged after a social-media remark directed at Sunetra Pawar was criticised as ideologically irresponsible. It was stated that regret alone was insufficient and that leaders should exercise care in public comments. Press-conference protocol was also emphasised: the principal dignitary should respond to media questions, and those seated alongside should not participate in the interaction. Party colleagues were expected to act more responsibly in future media engagements.

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

      December 26, 2024

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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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