The Ministry of Statistics and Programme Implementation announced on 13 October 2026 that a strong statistical system is essential for evidence-based policymaking to achieve the vision of Viksit Bharat @ 2047. Principal Secretary to the PM, Dr. P. K. Mishra, highlighted the need for granular data at state and district levels and the use of AI and advanced analytics to improve data accuracy. He noted that the new National Accounts Series uses 2022-23 as the base year, alongside updated indices for industrial production and consumer prices. The release does not say when these specific system updates take effect.
Key points
- New National Accounts Series uses 2022-23 as the base year
- Updated Consumer Price Index (CPI) and Index of Industrial Production (IIP) series introduced
- Call for granular data at state, district, and local levels to identify development gaps
- Emphasis on using AI, machine learning, and satellite imagery for official statistics
When it applies
- Conference of State Planning, Finance and IT Secretaries
Who it affects
- statistical systems