Two ways to look at GDP

Researchers and academicians have raised doubts about the new methodology employed by the Central Statistics Office(CSO) to estimate India’s gross domestic product(GDP). In 2015,CSO had introduced a new series of National Account Statistics. The new series made several changes to estimate India’s gross domestic product(GDP).In particular,it revised the base year from 2004-05 to 2011-12.  However,the… Continue reading Two ways to look at GDP

CSO must rethink informal sector estimates:Pronab Sen

Former Chief Statistician of India has said that Central Statistics Office (CSO) needs to rethink how it estimates the growth of the informal sector as the current method is no longer accurate. The current method uses the corporate sector data to estimate the activity in the non-corporate sector. However,this works only as long as the… Continue reading CSO must rethink informal sector estimates:Pronab Sen

Govt clears restructuring of statistical system, proposes NSSO, CSO merger

Central government has decided to merge the National Sample Survey Office (NSSO) with the Central Statistics Office (CSO) under the Ministry of Statistics and Programme Implementation (MoSPI). The order states that the proposed National Statistical Office (NSO)  would be headed by Secretary of Statistics and Programme Implementation. However,the order skips any mention of National Statistical… Continue reading Govt clears restructuring of statistical system, proposes NSSO, CSO merger