Govt is working to bring in a new series of national accounts which would result in change in the existing base year of 2011-12Though the ministry is considering 2017-18 as the new base year, no decision has been taken as the committees of experts are awaiting some more data
1 min read5 Nov 2019Last year, the Ministry of Statistics and Programme Implementation (MoSPI) and Niti Aayog were criticised over the back series GDP data, which showed that growth during the previous UPA regime was less than what was estimated earlier.
1 min read3 Jan 2019Total original cost of implementation of the 1,361 projects was ₹16,78,634.82 crore and their anticipated completion cost is likely to be ₹20,16,360.99 crore, which reflects overall cost overruns of ₹3,37,726.17 crore (20.12% of original cost)
1 min read18 Nov 2018The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth ₹150 crore and above
1 min read11 Nov 2018The total original cost of implementing 1,257 projects was Rs15,76,903.56 crore and their anticipated completion cost is likely to be Rs17,49,274.62 crore
2 min read23 Oct 2017Stimulus measures to have effect from April-May: Pronab Sen
1 min read10 Apr 2009The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared