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

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)
Submission Closed

National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) has released a Discussion Paper titled “Methodological Improvements in ...

National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) has released a Discussion Paper titled “Methodological Improvements in Compilation of National Accounts Aggregates Using Expenditure Approach”. This exercise is part of the preparation for the new series of National Accounts Statistics with FY 2022–23 as the base year, which is scheduled for release on 27 February 2026.

The Discussion Paper outlines the proposed methodological refinements and improvements in the compilation of National Accounts aggregates using the Expenditure Approach, with the objective of enhancing the quality, accuracy, and usability of national accounts data.

Comments and feedback on the Discussion Paper are invited from experts, academicians, government bodies, state governments, financial institutions, users of national accounts data, and other stakeholders. Suggestions may be shared at: ddg3.nad@mospi.gov.in by 7 January 2026.

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Showing 400 Submission(s)
IRAPPA KUMBAR
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.
IRAPPA KUMBAR
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.
IRAPPA KUMBAR
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.
IRAPPA KUMBAR
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.
IRAPPA KUMBAR
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