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Formal job additions decline further in November: MoSPI

India s formal job market faced a decline in November, attributed to festive celebrations. Preliminary data reveals a 5% drop in new subscribers to the Employees Provident Fund (EPF) and a 10.5% decline in the Employees State Insurance Corporation (ESIC), marking the lowest figures in nearly two years. In contrast, the National Pension Scheme (NPS) experienced a 52% rise in new subscriptions, largely driven by state governments. Overall, formal job additions have dwindled for the fourth consecutive month, highlighting economic challenges. ....

National Pension Scheme , Employee Provident Fund , Employee State Insurance Corporation , Formal Job Additions , Social Security Schemes , Epf Scheme , Employees Rsquo Provident Fund ,

India infrastructure: Cost overrun ratio rises to a three-month high in December: MoSPI

The ratio of cost overrun in central government infrastructure projects rose to a three-month high of 18.65% in December. The anticipated completion cost at Rs 30.7 lakh crore was higher than the original cost of Rs 25.9 lakh crore for 1,820 projects. The ratio of delayed projects rose to 46.6% in December. ....

Online Computerised Monitoring System , India Infrastructure , Cost Overrun , Government Infrastructure Projects ,

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 Estimate (FRE) and SRE could yield a more accurate, swifter estimation process within 16 months. ....

First Advance Estimate , Second Advance Estimate , Provisional Estimate , First Revised Estimate , Second Revised Estimate , Third Revised Estimate , Advance Estimate , Gdp Estimates , Revised Estimates , Economic Data , Accuracy Of Estimates , Gdp Growth , Economic Research ,

Seventh Economic Census: Seventh Economic Census yet to receive approval from majority of states: MoSPI

Approval is pending from a majority of states for the finalization of nationwide results of the seventh economic census, according to the Ministry of Statistics Planning and Programme Implementation. Out of the 35 states and UTs participating in the census, 22 are yet to grant approval. ....

Rao Inderjeet Singh , Ministry Of Statistics Planning , Programme Implementation , Economic Census , Inderjeet Singh , Statistics Planning , Lok Sabha , West Bengal , Seventh Economic Census , Market Research , 7th Economic Census ,

India's industrial production: India's industrial production rises to 16-month high of 11.7 per cent in October 2023

India s industrial production in October rose to a 16-month high of 11.7 per cent in October 2023 against a contraction of 4.1 per cent in the same period a year ago, the Ministry of Statistics & Programme Implementation (MOSPI) said on Tuesday. ....

Ministry Of Statistics Programme Implementation , National Statistical Office , Programme Implementation , Industrial Production , Indias Industrial Production , Factory Output ,