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Short-term Economic StatisticsPublished by CSO, India

Ramesh KolliDeputy Director General

Central Statistical Organisation

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Indian Statistical System

Broadly decentralised - subject-wise as well asstate-wise in accordance with the federal nature of the system of

government in the country The MoSPI is the nodal agency for all statistical

activities at all-India level. The State Directorates of Economics and Statistics

(DESs) coordinate statistical activities at Statelevel and keep liaison with MoSPI Respective Central Ministries coordinate with

their counterpart Departments at State level

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Indian Statistical System

Large-scale statistical operations are largelyCentral activities Population Census Economic Census Agricultural Census Livestock Census nation-wide sample surveys

compilation of national accounts price indices industrial production

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Work Programme of MoSPI National Accounts Statistics Industrial Statistics

Monthly index of industrial production Results of Annual Survey of Industries Compendium on energy statistics Reports on Economic Census

Social Statistics Selected Socio-Economic Statistics, India Women and Men in India Compendium of Environment Statistics

Price Statistics Sample Surveys General publications

Monthly Abstract of Statistics Statistical Abstract Statistical Pocket Book India in Figures Guide to Official Statistics Directory of Statistics, India Statistical System in India

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Special Data Dissemination

Standards

India is a subscriber since December 1996 Overall coordinator M/Finance

Real sector - MoSPI Fiscal sector MoF External and Financial - RBI

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Short-term Economic Statistics

coordinated by the MoSPI National Accounts

Quarterly GDP estimates timeliness of 2 months, except Q1 (3 months) Production Index

Monthly Index of industrial production (IIP) separately for mining,manufacturing and electricity (timeliness of 42 days)

Prices Weekly Wholesale Price Index (WPI) (timeliness of 2 weeks) Monthly Consumer Price Index for industrial workers (CPI-IW) (timeliness

of one month) Monthly Consumer Price Index for Agricultural/Rural Labourers (CPI-

AL/RL) (timeliness of 20 days) Monthly Consumer Price Index for Urban Non-Manual Employees (CPI-UNME) (timeliness of 25 days)

Labour Market Labour market data is compiled once in 5 years through a full scale sample

survey and annually through a thin sample survey. - as relevant option.

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Monthly Abstract of Statistics monthly production of selected minerals and industries consumption and stocks of selected raw materials and

manufactured goods

performance of railways, civil aviation, ports and shipping, postal and telecommunication tourist arrivals in India foreign trade quantum index numbers and unit value index numbers of

imports and exports banking sector monthly accounts of central government new registrations and liquidations of joint stock companies

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Monthly Capsule Report on

Infrastructure Performance Power Coal Steel Railways Cargo handled at major ports Telecommunications (addition in switching capacity, telephone

connections and cell phone connections) Fertilizers Cement

Petroleum (crude oil, refinery and natural gas) Civil aviation (export cargo handled, import cargo handled, passengers

handled at international terminals, passengers handled at domesticterminals)

Roads (upgradation of highways).

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Short-term Economic Statistics

released by the RBI RBI releases a number of publications - weekly, monthly,

quarterly, half-yearly, annual and occasional covering fiscal, financial and external sector statistics

also include data released by other agencies on real andfiscal sectors RBI also maintains data warehouse, Database on Indian

Economy Economy covering : Financial Sector

Real Sector Financial Market External Sector Public Finance Corporate Finance

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Weekly Statistical Supplement Reserve Bank of India - Liabilities and Assets Foreign Exchange Reserves Scheduled Commercial Banks - Business in India Cash Reserve Ratio and Interest Rates Accommodation Provided by Scheduled Commercial Banks to Commercial Sector in the form of

Bank Credit Foreign Exchange Rates - Spot and Forward Premia Money Stock : Components and Sources

Reserve Money : Components and Sources Repo/Reverse Repo Auctions under Liquidity Adjustment Facility Auctions of Government of India Treasury Bills Cumulative Cash Balances of Scheduled Commercial Banks with Reserve Bank of India Certificates of Deposit Issued by Scheduled Commercial Banks Commercial Paper Issued by Companies (At face value) Index Numbers of Wholesale Prices BSE Sensitive Index and NSE Nifty Index of Ordinary Share Prices - Mumbai Average Daily Turnover in Call Money Market Turnover in Government Securities Market (Face Value) Turnover in Foreign Exchange Market Weekly Traded Volume in Corporate Debt at NSE Government of India : Treasury Bills Outstanding (Face Value) Government of India : Long and Medium Term Borrowings Secondary Market Transactions in Government Securities (Face Value)

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Short-term Economic Statistics

released by MoF & others Ministry of Finance

Central Government operations Central Government Debt

Department of Commerce Imports and exports

Department of Industrial Policy and Promotion weekly wholesale price index production of 6 infrastructure industries

Ministry of Agriculture production of agricultural crops

Ministry of Labour and Employment consumer price index numbers for industrial workers

agricultural rural labourers wages employment

Ministry of Petroleum and Natural Gas production of crude petroleum and natural gas refinery production/capacity utilization prices

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Status of data on some indicators

Sales and Production of Automobiles production MoSPI

(i) commercial vehicles, (ii) passenger cars, (iii) jeep type vehicles, (iv) scooter and mopeds,(v) auto rickshaws, (vi) motor cycles and (vii)

bicycles Production, sales and exports SIAM

commercial vehicles, cars, utility vehicles, twoand three wheelers

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Prices for Energy Sector

Ministry of Petroleum and Natural Gas oil prices and taxes

Labour Bureau monthly prices of Kerosene Department of Industrial Policy and Promotion

WPI

coking coal, non-coking coal, coke, lignite, liquefied petroleum gas, petrol, kerosene, aviation turbine fuel, highspeed diesel oil, light diesel oil, naptha, bitumen, furnace oil,lubricants, electricity (separately for domestic, commercial,agriculture, industry and railway traction)

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Labour Statistics

MoSPI Large scale sample surveys on employment,

unemployment and wages, once in 5 years Thin sample surveys every year

Ministry of Labour and Employment employment in the organized sector minimum wages wage rates in rural India

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Building Statistics

Population Census National Sample Surveys National Buildings Organisation

building permits and completion certificatesissued during a year from all towns with

100,000 or more population

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Revisions in some of the Short

Term Economic Statistics QGDP

Quarterly GDP estimates/sectoral growth rates are not revised till therelease of Q4 data (Q1, Q2 and Q3 growth rates are revised first time withQ4 data)

Thereafter, Quarterly GDP estimates are revised only alongwith thecorresponding annual estimates IIP

1st, 3 rd and 4 th months CPI

Not revised

WPI Finalised after 8 weeks

Merchandise trade Finalised after 8 months

Balance of payments Finalised after 18 months

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Short-term Economic Statistics

future plans Quarterly GDE estimates

Absence of (i) quarterly enterprise surveys, (ii) quarterly retail trade statistics, and(iii) quarterly general government accounts

use tax data, corporate sectors quarterly financial results and quarterly data ongovernments expenditures

Producer prices To run parallelly for some time the two series, WPI and PPI

Index of Service Production (i) business register preparation based on the recent Economic Census conducted in

the country (2005) and the economy-wide surveys using this register as frame, (ii)tax data collected by the States, (iii) quarterly financial results announced bycompanies listed on the stock exchanges, and (iv) data on physical indicators of various services sectors, presently released by the respective administrativeMinistries

Quarterly Labour Market data Sub-round-wise data collected

Seasonally adjusted data

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Thanks