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Inviting Comments on Discussion Paper on “Methodological Improvements in Compilation of National Accounts Aggregates Using Expenditure Approach”

Start Date :
Dec 22, 2025
Last Date :
Jan 07, 2026
23:45 PM IST (GMT +5.30 Hrs)
National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) has released a Discussion Paper titled “Methodological Improvements in ...
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IRAPPA KUMBAR
6 months 3 weeks ago
While current standards focus on SNA 2008, starting a pilot for Natural Capital Accounting (measuring resource depletion and environmental costs) would align India with the environmental sustainability goals being discussed for future SNA revisions.
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IRAPPA KUMBAR
6 months 3 weeks ago
While the paper mentions representation from State Governments, MoSPI could lead the development of a standardized expenditure approach for GSDP (Gross State Domestic Product). This would allow for better comparative analysis of consumption and investment patterns across different Indian states.
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IRAPPA KUMBAR
6 months 3 weeks ago
Given the rise of the digital creator economy, expanding the Intellectual Property Products (IPP) category to include more specific data on independent software developers and digital media creators would provide a more complete picture of modern capital formation.
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IRAPPA KUMBAR
6 months 3 weeks ago
As India undergoes rapid formalization through GST and digital payments, the residual approach for the household sector may become less accurate. Developing a formalization coefficient would help distinguish between true economic growth and the mere shifting of activity from the informal to the formal sector.
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IRAPPA KUMBAR
6 months 3 weeks ago
Future revisions could benefit from incorporating real-time digital transaction data (UPI or digital wallet volumes). These could serve as valuable proxies for consumption between survey years, providing a "nowcast" of economic activity
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Andaluri Srinivas
6 months 3 weeks ago
MCA data useful to fetch
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Andaluri Srinivas
6 months 3 weeks ago
Standardize annual financial statements such as Profit & Loss Statement, Balance Sheet etc
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Andaluri Srinivas
6 months 3 weeks ago
Add next gen industrial components such as RE , Hydrogen , Startups , AI etc
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Andaluri Srinivas
6 months 3 weeks ago
Classification of Functions of Government essential
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Andaluri Srinivas
6 months 3 weeks ago
To visualize the process, it is useful to situate the economy into economic activity and institutional sectors
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