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EconomyIndian Express1 July 2026

India's statistical system can reclaim past glory, PMO acted as catalyst: PK Mishra

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๐Ÿ“Œ Summary:

  • Principal Secretary to PM, PK Mishra, said modernisation of the statistics ministry is a "success story", with the PMO acting as a "catalyst and facilitator" (20th Statistics Day, MoSPI, marking PC Mahalanobis's birth anniversary)
  • India's statistical system, once among the world's finest survey-based systems (from the 1950s), saw a "gradual decline"; drew sharp criticism during 2014-2016
  • Criticism followed the government junking the 2017-18 Consumer Expenditure Survey (citing data quality) and concerns that CPI and GDP had become outdated
  • PMO began discussions in Jan 2020 (with MoSPI, NITI Aayog, World Bank); a July 2023 decision launched an in-depth analysis to identify major reforms
  • Issues identified: non-release/delays of data, fragmented statistical architecture, uneven data quality across agencies/states, declining professional capacity, disconnect from user needs
  • Result: new GDP, CPI and WPI series with updated base years and improved methodologies; EAC-PM, National Statistical Commission and RBI were roped into the reform

๐ŸŽฏ UPSC Relevance: GS3 Economy / GS2 Governance โ€” credibility of official statistics, data governance, and evidence-based policymaking.

๐Ÿ“ Prelims Facts:

  • MoSPI = Ministry of Statistics and Programme Implementation; Statistics Day marks PC Mahalanobis's birth anniversary (June 29)
  • Key indices reformed: GDP, CPI, WPI (new base years)
  • National Statistical Commission and EAC-PM involved

๐Ÿ”‘ Key Term: Base year โ€” the reference year against which price/output indices (GDP, CPI, WPI) are measured; periodic revision keeps data representative.

MoSPIstatistical systemGDPCPI

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