MoSPI seeks comments on national accounts data discussion paper

Key Highlights

• The MoSPI is in the process of revising the base year of national accounts.
• An Advisory Committee on National Account Statistics (ACNAS) under the chairmanship of Professor B N Goldar has been constituted to advise MoSPI, among other things, on inclusion of new data sources for improving the estimates of National Accounts and the methodology for compilation and presentation of National Accounts Statistics for purposes of economic analysis and policy formulation.
• The Committee has representation from various Central Ministries and Departments, State Governments, Academia and Research Institutions.
• FY 2022-23 has been chosen as the base year of new series and the estimates of new series are scheduled to be released on 27th February, 2026.
• With a view to apprising the users of national accounts data about the proposed changes in the new series, the Ministry has planned to release discussion papers on the compilation of National Accounts Statistics.