logo
Chief Secy calls for modern statistical system

Chief Secy calls for modern statistical system

Hans India02-07-2025
Bhubaneswar: Odisha Chief Secretary Manoj Ahuja on Monday batted for a modern statistical system to measure the socio-economic progress of the State.
Addressing the 19th National Statistics Day here, Ahuja said the system would also help in identifying the areas of shortfall and the way forward.
He stressed the need for institutional capacity building, too.
Speaking on the occasion, Development Commissioner Anu Garg advised the officials concerned to develop the recommended statistical system, which would help in effective monitoring of the goals and targets set in the 'vision document' for a 'Viksit Odisha - 2036 and 2047'. Citing the example of the 'Subhadra' scheme, she said the State government has been emphasising the use of data and, in the process, it has prepared a robust database that may be used in implementation of other beneficiary-oriented programmes.
Ashish Kumar, former Director-General, Ministry of Statistics & Programme Implementation, highlighted the role of the National Statistical Office (NSO) in conducting sample surveys to provide data at regular intervals for the unorganised sectors of the economy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Govt to redefine 2022-23 base year for GDP, IIP
Govt to redefine 2022-23 base year for GDP, IIP

Hans India

time5 hours ago

  • Hans India

Govt to redefine 2022-23 base year for GDP, IIP

New Delhi: The government has proposed 2022-23 as new base year for the Gross Domestic Product (GDP) and Index of Industrial Production (IIP), and 2024 for Consumer Price Index (CPI), Parliament was informed on Wednesday. 'The Ministry is underway to revise the base year of GDP, IIP and CPI. The base year is revised periodically to better capture the structural changes happening in the economy by updating the methodology of compilation and incorporation of new data sources,' Minister of State for Statistics & Programme Implementation said in a written reply to Lok Sabha. For the CPI, list of items and their respective weights derived from the Household Consumption Expenditure Survey of 2023-24 is used in the revised index. The Ministry has conducted its first Forward-Looking Survey on Private Corporate Sector CAPEX Investment Intentions from November 2024 to January 2025 and the findings of the survey have been published.

Vietnam's FDI up 27.3% YoY in Jan-Jul; outward investment up over 200%
Vietnam's FDI up 27.3% YoY in Jan-Jul; outward investment up over 200%

Fibre2Fashion

time7 hours ago

  • Fibre2Fashion

Vietnam's FDI up 27.3% YoY in Jan-Jul; outward investment up over 200%

Vietnam attracted $24.09 billion in foreign direct investment (FDI) in the first seven months this year—a 27.3 per cent year-on-year (YoY) rise—driven by strong investor confidence, according to the ministry of finance's National Statistics Office (NSO). The inflows, covering newly-registered and adjusted capital and capital contribution through share purchases, included $10.03 billion registered for 2,254 new projects. The figures presented a YoY rise of 15.2 per cent in projects, though registered capital dropped 11.1 per cent, a domestic news agency reported. Vietnam attracted $24.09 billion in FDI in January-July 2025â€'a 27.3 per cent YoY riseâ€'driven by strong investor confidence. Manufacturing and processing accounted for 55.9 per cent of the newly-registered capital. Singapore led among 74 nations and territories, pouring in $2.84 billion, or 28.3 per cent of the new capital. Outward investment rose by over 200 per cent to $398.9 million during the period. Manufacturing and processing accounted for 55.9 per cent ($5.61 billion) of the newly-registered capital, while real estate's share was 23.5 per cent ($2.36 billion). Singapore led among 74 countries and territories, pouring in $2.84 billion, or 28.3 per cent of the new capital. China followed with 42.27 billion, Sweden added $1 billion, and traditional partners like Japan, Taiwan, and Hong Kong also kept the cash flowing. Combining new and adjusted-capital, manufacturing and processing ruled with $12.12 billion, or 60.6 per cent of the total FDI, followed by real estate at $4.95 billion, equivalent to 24.7 per cent. Share purchases and capital contributions jumped 61 per cent YoY to $4.07 billion via 1,982 transactions, targeting manufacturing (39.3 per cent) and professional, scientific, and technological activities (20.3 per cent). The country disbursed $13.6 billion in FDI, up by 8.4 per cent and marking the biggest seven-month sum in five years. Vietnam's outward investment rose by over 200 per cent to $398.9 million during the period. Total overseas investment, including newly-registered and adjusted capital, hit $528.5 million, a 3.5-fold leap YoY. Laos was the biggest recipient of Vietnamese investment, attracting $150.3 million (28.4 per cent), followed by the Philippines and Indonesia. Fibre2Fashion News Desk (DS)

Govt proposes 2022-23 as new base year for GDP and IIP: Minister
Govt proposes 2022-23 as new base year for GDP and IIP: Minister

Business Standard

time19 hours ago

  • Business Standard

Govt proposes 2022-23 as new base year for GDP and IIP: Minister

The government has proposed 2022-23 as new base year for the Gross Domestic Product (GDP) and Index of Industrial Production (IIP), and 2024 for Consumer Price Index (CPI), Parliament was informed on Wednesday. "The Ministry is underway to revise the base year of GDP, IIP and CPI. The base year is revised periodically to better capture the structural changes happening in the economy by updating the methodology of compilation and incorporation of new data sources," Minister of State for Statistics & Programme Implementation said in a written reply to Lok Sabha. For the CPI, list of items and their respective weights derived from the Household Consumption Expenditure Survey of 2023-24 is used in the revised index. The Ministry has conducted its first Forward-Looking Survey on Private Corporate Sector CAPEX Investment Intentions from November 2024 to January 2025 and the findings of the survey have been published. The Ministry has also conducted a Pilot Study on Annual Survey of Services Sector Enterprises (ASSSE) to capture insights into the Incorporated Service Sector. The decision to conduct the next Economic Census i.e., 8th EC is yet to be taken, he stated.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store