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GDP estimates: Decoding GDP Estimates: Six iterations in three years, but is it necessary?

Releasing GDP estimates undergoes six revisions over three years, starting with the First Advance Estimate (FAE). Examining four years of data reveals similarities between estimates, suggesting the merging of FAE and Second Advance Estimate (SAE) to streamline the process. Scrutiny indicates negligible differences between Second Revised Estimate (SRE) and Third Revised Estimate (TRE), proposing the elimination of TREs for a more efficient system. Additionally, consolidating First Revised Estimat...
First Advance Estimate Second Advance Estimate Provisional Estimate First Revised Estimate Second Revised Estimate Third Revised Estimate

Geotagging of all properties planned

The New Delhi Municipal Council (NDMC) in its budget 2024-25  announced geotagging of all properties,  hosting a Tulip festival and redevelopment of the sewerage system. Among his other announcements were modernising the dhobi ghats, acquiring electric bikes and scooters for field staff,
New Delhi Amit Yadav Narendra Modi Delhi Municipal Council Innovation Fund Resident Welfare Association Rwas

Govt to stick to Rs 33.61 lakh cr tax collection target in revised estimate, no case for fuel tax cut: Official

"So far, direct tax collection is up by about 20 per cent and indirect tax is higher by 5 per cent. We have data till the eight months of the fiscal and usually the collections are better in the first half. So, at the moment, we will stick to the Budget numbers in our Revised Estimates (RE)," an official said.
Union Budget Revised Estimates Tax Collection Fuel Tax Cut Fuel Tax

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Govt to stick to Rs 33.61 lakh cr tax collection target in revised estimate, no case for fuel tax cut: Official, ET EnergyWorld

"So far, direct tax collection is up by about 20 per cent and indirect tax is higher by 5 per cent. We have data till the eight months of the fiscal and usually the collections are better in the first half. So, at the moment, we will stick to the Budget numbers in our Revised Estimates (RE)," an official said.
Revised Estimates Union Budget New Delhi

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