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Inviting comments on Discussion Paper on “Methodological Improvements in Compilation of National Accounts Aggregates Using Production/Income Approach”

Inviting comments on Discussion Paper on “Methodological Improvements in Compilation of National Accounts Aggregates Using Production/Income Approach”
Start Date :
Dec 04, 2025
Last Date :
Dec 10, 2025
17:30 PM IST (GMT +5.30 Hrs)
Submission Closed

National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) has released a Discussion Paper titled “Methodological Improvements in ...

National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) has released a Discussion Paper titled “Methodological Improvements in Compilation of National Accounts Aggregates Using Production/Income Approach” as part of the ongoing exercise to revise the base year to FY 2022–23.

The paper presents the proposed enhancements in data sources and methodological frameworks for the compilation of National Accounts aggregates in both nominal and real terms, aimed at improving the robustness and relevance of the national accounting system.

Comments and feedback on the Discussion Paper are invited from experts, researchers, government departments, institutions, and other stakeholders. Suggestions may be shared at: ddg1.nad@mospi.gov.in by 10 December 2025.

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Showing 114 Submission(s)
Amarnathpandharinathchaval
Amarnathpandharinathchaval 2 months 4 weeks ago
1) Key Improvements More accurate data from corporate filings and surveys. Better measurement of real GDP using double-deflation. Inclusion of informal/unregistered sector and non-market government services. Aligns with international standards; improves credibility. 2)Main Risks / Challenges Informal sector estimates may still be inaccurate. Complex methodology may reduce transparency. Base-year change may affect comparability with old series. Imputed values (e.g., government services) depend on assumptions. 3)Critical Recommendations Ensure transparency of methods and assumptions. Peer review of new methodology. Regular surveys to better capture informal sector. Clear guidance for users on interpreting new vs. old series.
Ashish Kumar
Ashish Kumar 2 months 4 weeks ago
What I see as useful / promising in the proposed improvements 1. Use of newer data sources for better coverage & granularity According to MoSPI’s own release, the new series (base FY 2022-23) will sharpen the estimation of Gross Value Added (GVA) especially for large private businesses in the Non-Financial Private Corporations (NFPC) sector. This reflects a broader trend worldwide: many countries are trying to incorporate administrative data, tax data, business registries, and more up-to-date sources rather than relying solely on periodic surveys.
Khushrajpatel
Khushrajpatel 3 months 9 hours ago
respected sir/ madam 🙏 🙏, 1. Need for Methodological Improvement India’s economy is expanding and diversifying, with rapid growth in the digital economy, informal sector activities, and new service industries. The existing methods of data collection and estimation sometimes face delays, incompleteness, or outdated benchmarks. Therefore, the paper’s proposal to modernize methods is timely and necessary. 2. Strengthening the Production Approach The production approach benefits from more accurate measurement of the value added in each sector. Improvement areas include: Better coverage of unorganized and informal sectors through periodic surveys Use of GST data to capture production trends more realistically Sector-specific benchmarking to reduce estimation errors Incorporating remote-sensing and digital data sources (e.g., for agriculture, mining, construction) These steps will increase the precision of Gross Value Added (GVA) across industries. THANK YOU
Khushrajpatel
Khushrajpatel 3 months 10 hours ago
Respected sir madam, my name is khushrajpatel. Iam from Telangana ZPHSQUTHBULLAPUR Government school. The Methodological 📜 📜 paper for income. to the employee of a paper industries. In our india paper methodological is most important and paper is most usefull in this country. THANK YOU