Key Points
The decision to set up an expert committee to look into all the issues related to data was taken at a review meeting held by the Prime Minister's Office (PMO) in February, people familiar with the deliberations told ET...
"The committee is likely to find solutions for addressing recurring concerns over data quality," one of the persons said..
The development comes as India starts its four-year term as a United Nations Statistical Commission member this year, which will decide on a new system of national accounts in 2025 to determine a new gross domestic product (GDP) methodology and a revised system for the calculation of environmental accounts...
A paper published by the prime minister's economic advisory committee last year had criticised the National Sample Surveys, which are used for estimating poverty and unemployment, for having data quality issues..
International think tank Carnegie Endowment for International Peace, too, in a paper published last year had criticised the Indian statistics ministry for its lack of reforms and argued for setting up a reform commission..
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