Earlier this year, the National Statistical Office (NSO) released the report for the Household Consumption Expenditure Survey (HCES) for the period August 2023 to July 2024. This is the second in the series of HCES data after the HCES 2022-23, for which a fact sheet was released just before the announcement of general elections in…
Even before we could get to see the results of the seventh economic census (conducted in 2019-20), plans are afoot to conduct the eighth one in the coming months. India’s economic census is supposed to be a comprehensive database of all firms in the country, including micro-enterprises. It is supposed to be conducted every five…
The National Statistical Office (NSO) recently released the first revised estimates of India’s gross domestic product (GDP) for 2023-24, revising the GDP growth rate at constant prices from the earlier provisional estimate of 8.2% to 9.2%. This revision, which brought annual growth to one of the highest levels in the post-covid period, sparked considerable debate…
With a new governor at the helm, the Reserve Bank of India’s (RBI’s) monetary policy stance will be watched very closely this time. If RBI signals a shift to an easy-money policy, it will ease concerns relating to the growth slowdown. But it will raise concerns about inflation at a time when a weak rupee…
