Karnataka registered a robust Gross State Domestic Product (GSDP) growth rate of 10.2% in FY 2023-24, significantly surpassing the national average of 8.2%, according to data from the Ministry of Statistics and Programme Implementation (MoSPI). “The state achieved this feat despite severe challenges, including the worst drought in a decade and a slowdown in global … Read more
New Delhi: The Ministry of Statistics and Programme Implementation (MoSPI) reduced the number of estimates and the timeline for releasing final estimates for GDP by one year, by doing away with the third revised estimate. The ministry will now release five GDP numbers instead of six, with the final revision coming nearly two years from … Read more
New Delhi: Around 85 per cent of road projects are likely to be completed by the end of this fiscal, as the steps taken by the government to ensure faster clearances like monitoring and quicker resolution of issues have started showing results, Road Transport and Highways secretary Anurag Jain said on Wednesday. Jain said, the … Read more
Cost overruns of central government projects worth Rs 150 crore and above declined for a fourth consecutive month to 19.1% in August compared with 19.5% in the previous month. Of the 1,762 projects listed the anticipated cost at Rs 29.8 lakh crore exceeded the original cost by Rs 4.8 lakh crore, the report released Tuesday … Read more
The government is expected to spend ₹4.46 lakh crore more on infrastructure projects than the original estimates, a report released by the infrastructure and project monitoring division of the Ministry of Statistics and Programme Implementation (MoSPI) on Tuesday said. The original cost of 1,423 projects being monitored by the ministry was estimated at ₹ 20.38 … Read more
NEW DELHI: Third party agencies involved in the data collection work for key statistics would be liable for penalty if they tamper with along with government data collectors, officials said. The move is aimed at enhancing accountability of third party data collectors and quality of data. “The entire cycle of data collection, even third parties … Read more
NEW DELHI: The government on Monday proposed a ‘Data Ombudsman’ for in-house resolution of issues related to the collection of key statistics in the country so as to reduce the number of cases that need legal recourse. “The Data Ombudsman shall in addition to the functions designated, also strengthen the system of mutual trust, building … Read more