Tag: India’s statistical databases

Why have India’s statistical databases been upgraded? | Explained

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Why have India’s statistical databases been upgraded? | Explained

The story so far: Last November, the Indian government received a ‘C’ grade, the second-lowest grade, by the International Monetary Fund for the quality of its national accounts statistics. Over the last few months, it has made several upgrades to its statistical databases, improving their timeliness, representativeness, accuracy, and coverage. These improvements have been wide-ranging,…

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Essential upgrades: On upgrades to India’s statistical databases

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Essential upgrades: On upgrades to India’s statistical databases

The government has, in recent months, implemented several long-overdue but welcome upgrades to India’s statistical databases. Wide-ranging, they cover the way the country measures Gross Domestic Product (GDP), industrial production, and price changes at the retail, wholesale, and producer levels. These updates have not only made India’s key economic statistics more representative of reality, but…

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