Posted inEconomy Editorials GS Paper-3
Key Economic Focus Areas for India’s Next Government
Introduction Significant highs and lows have marked India's economic journey over the last decade. The country experienced robust GDP growth…
National Statistical Office’s (NSO)
The National Statistical Office (NSO) is India’s central statistical agency, functioning under the Ministry of Statistics and Programme Implementation (MoSPI). It is responsible for:
- Data Collection and Surveys: Conducts large-scale surveys such as the National Sample Survey (NSS), Annual Survey of Industries (ASI), Population Census, and Economic Census.
- Compilation and Publication: Compiles and publishes vital statistics like GDP, Consumer Price Index (CPI), and Index of Industrial Production (IIP).
- Data Dissemination: Provides data to policymakers, researchers, and the public through publications and the official website.
- Statistical Standards and Coordination: Develops statistical standards and coordinates with other government and state agencies to ensure data uniformity.
- Policy Support and Advisory Role: Offers statistical support and advice to government agencies for policy formulation and evaluation.
Significance:
- Economic Planning and Policy Making: Crucial for informed decision-making and economic planning.
- Research and Analysis: Widely used by researchers and analysts.
- Transparency and Accountability: Enhances governance transparency through reliable data dissemination.
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