1. Short-term Economic Statistics Published by CSO, India
Ramesh Kolli
Deputy Director General
Central Statistical Organisation

2. Indian Statistical System
Broadly decentralised - subject-wise as well as state-wise
in accordance with the federal nature of the system of government in the country
The MoSPI is the nodal agency for all statistical activities at all-India level.
The State Directorates of Economics and Statistics (DESs) coordinate statistical activities at State level and keep liaison with MoSPI
Respective Central Ministries coordinate with their counterpart Departments at State level

3. Indian Statistical System…
Large-scale statistical operations are largely Central activities
Population Census
Economic Census
Agricultural Census
Livestock Census
nation-wide sample surveys
compilation of
national accounts
price indices
industrial production

4. Work Programme of MoSPI
National Accounts Statistics
Industrial Statistics
Monthly index of industrial production
Results of Annual Survey of Industries
Compendium on energy statistics
Reports on Economic Census
Social Statistics
Selected Socio-Economic Statistics, India
Women and Men in India
Compendium of Environment Statistics
Price Statistics
Sample Surveys
General publications
Monthly Abstract of Statistics
Statistical Abstract
Statistical Pocket Book
India in Figures
Guide to Official Statistics
Directory of Statistics, India
Statistical System in India

5. Special Data Dissemination Standards
India is a subscriber since December 1996
Overall coordinator –M/Finance
Real sector - MoSPI
Fiscal sector – MoF
External and Financial - RBI

6. Short-term Economic Statistics coordinated by the MoSPI
National Accounts
Quarterly GDP estimates – timeliness of 2 months, except Q1 (3 months)
Production Index
Monthly Index of industrial production (IIP) – separately for mining, manufacturing and electricity (timeliness of 42 days)
Prices
Weekly Wholesale Price Index (WPI) (timeliness of 2 weeks)
Monthly Consumer Price Index for industrial workers (CPI-IW) (timeliness of one month)
Monthly Consumer Price Index for Agricultural/Rural Labourers (CPI-AL/RL) (timeliness of 20 days)
Monthly Consumer Price Index for Urban Non-Manual Employees (CPI-UNME) (timeliness of 25 days)
Labour Market
Labour market data is compiled once in 5 years through a full scale sample survey and annually through a thin sample survey. - ‘as relevant’ option.

7. Monthly Abstract of Statistics
monthly production of selected minerals and industries
consumption and stocks of selected raw materials and manufactured goods
performance of railways, civil aviation, ports and shipping, postal and telecommunication
tourist arrivals in India
foreign trade
quantum index numbers and unit value index numbers of imports and exports
banking sector
monthly accounts of central government
new registrations and liquidations of joint stock companies

8. Monthly Capsule Report on Infrastructure Performance
Power
Coal
Steel
Railways
Cargo handled at major ports
Telecommunications (addition in switching capacity, telephone connections and cell phone connections)
Fertilizers
Cement
Petroleum (crude oil, refinery and natural gas)
Civil aviation (export cargo handled, import cargo handled, passengers handled at international terminals, passengers handled at domestic terminals)
Roads (upgradation of highways).

9. Short-term Economic Statistics released by the RBI
RBI releases a number of publications - weekly, monthly, quarterly, half-yearly, annual and occasional
covering fiscal, financial and external sector statistics
also include data released by other agencies on real and fiscal sectors
RBI also maintains data warehouse, Database on Indian Economy Economy covering :
Financial Sector
Real Sector
Financial Market
External Sector
Public Finance
Corporate Finance

10. Monthly RBI Bulletin Releases statistics on 51 items, under:
Current Statistics General
Money and Banking
Government Accounts
Government Securities Market
Production
Capital Market
Prices
Trade and Balance of Payments

11. Weekly Statistical Supplement
Reserve Bank of India - Liabilities and Assets
Foreign Exchange Reserves
Scheduled Commercial Banks - Business in India
Cash Reserve Ratio and Interest Rates
Accommodation Provided by Scheduled Commercial Banks to Commercial Sector in the form of Bank Credit
Foreign Exchange Rates - Spot and Forward Premia
Money Stock : Components and Sources
Reserve Money : Components and Sources
Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
Auctions of Government of India Treasury Bills
Cumulative Cash Balances of Scheduled Commercial Banks with Reserve Bank of India
Certificates of Deposit Issued by Scheduled Commercial Banks
Commercial Paper Issued by Companies (At face value)
Index Numbers of Wholesale Prices
BSE Sensitive Index and NSE Nifty Index of Ordinary Share Prices - Mumbai
Average Daily Turnover in Call Money Market
Turnover in Government Securities Market (Face Value)
Turnover in Foreign Exchange Market
Weekly Traded Volume in Corporate Debt at NSE
Government of India : Treasury Bills Outstanding (Face Value)
Government of India : Long and Medium Term Borrowings
Secondary Market Transactions in Government Securities (Face Value)

12. Short-term Economic Statistics released by MoF & others
Ministry of Finance
Central Government operations
Central Government Debt
Department of Commerce
Imports and exports
Department of Industrial Policy and Promotion
weekly wholesale price index
production of 6 infrastructure industries
Ministry of Agriculture
production of agricultural crops
Ministry of Labour and Employment
consumer price index numbers for industrial workers
agricultural rural labourers
wages
employment
Ministry of Petroleum and Natural Gas
production of crude petroleum and natural gas
refinery production/capacity utilization
prices

13. Status of data on some indicators
Sales and Production of Automobiles
production – MoSPI
(i) commercial vehicles, (ii) passenger cars, (iii) jeep type vehicles, (iv) scooter and mopeds, (v) auto rickshaws, (vi) motor cycles and (vii) bicycles
Production, sales and exports – SIAM
commercial vehicles, cars, utility vehicles, two and three wheelers

14. Prices for Energy Sector
Ministry of Petroleum and Natural Gas
oil prices and taxes
Labour Bureau
monthly prices of Kerosene
Department of Industrial Policy and Promotion
WPI
coking coal, non-coking coal, coke, lignite, liquefied petroleum gas, petrol, kerosene, aviation turbine fuel, high speed diesel oil, light diesel oil, naptha, bitumen, furnace oil, lubricants, electricity (separately for domestic, commercial, agriculture, industry and railway traction)

15. Labour Statistics MoSPI Ministry of Labour and Employment
Large scale sample surveys on employment, unemployment and wages, once in 5 years
Thin sample surveys every year
Ministry of Labour and Employment
employment in the organized sector
minimum wages
wage rates in rural India

16. Building Statistics Population Census National Sample Surveys
National Buildings Organisation
building permits and completion certificates issued during a year from all towns with 100,000 or more population

17. Other aspects Relevance of existing international standards for India
India attaches importance to these
Subscribed to SDDS from the beginning
Follows international classifications and other standards
Links with Ministries of Finance, Central Bank and other Departments
Allocation of business rules of Government of India
Departments share databases
Processes for identifying the requirements of users
Advisory Committees, Governing Council
Accessibility
Simultaneous release; all publications on internet site of MoSPI
Transparency in the production of statistics
Methodlogical notes, Metadata pages, ARC

18. Revisions in some of the Short Term Economic Statistics
QGDP
Quarterly GDP estimates/sectoral growth rates are not revised till the release of Q4 data (Q1, Q2 and Q3 growth rates are revised first time with Q4 data)
Thereafter, Quarterly GDP estimates are revised only alongwith the corresponding annual estimates
IIP
1st, 3rd and 4th months
CPI
Not revised
WPI
Finalised after 8 weeks
Merchandise trade
Finalised after 8 months
Balance of payments
Finalised after 18 months

19. Short-term Economic Statistics – future plans
Quarterly GDE estimates
Absence of (i) quarterly enterprise surveys, (ii) quarterly retail trade statistics, and (iii) quarterly general government accounts
use tax data, corporate sector’s quarterly financial results and quarterly data on government’s expenditures
Producer prices
To run parallelly for some time the two series, WPI and PPI
Index of Service Production
(i) business register preparation based on the recent Economic Census conducted in the country (2005) and the economy-wide surveys using this register as frame, (ii) tax data collected by the States, (iii) quarterly financial results announced by companies listed on the stock exchanges, and (iv) data on physical indicators of various services sectors, presently released by the respective administrative Ministries
Quarterly Labour Market data
Sub-round-wise data collected
Seasonally adjusted data

20. Thanks