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Time of India
5 hours ago
- Business
- Time of India
1st-of-its-kind household income survey next year
Representative image NEW DELHI: The statistics ministry will conduct a household income survey in 2026 and it has set up a technical advisory group (TEG) for it under the chairmanship of former executive director at the IMF Surjit Bhalla. This is the first of its kind household income survey that the ministry will undertake to get a better picture of income distribution and welfare and aid in datadriven policy making. 'The TEG will guide the national statistics office towards conducting an all-India income distribution survey, tentatively scheduled for 2026. The expert group will provide guidance with regard to finalisation of concepts and definitions, preparation of the survey method and instruments, sampling design and method of estimation, and incorporate best country practices as adopted across the world,' said an official statement. It said that the survey will also strive to assess the impact of adoption of technology on household income (wages). The TEG will also provide guidance for finalisation of the survey results and report, the statement added, 'The household income survey is another important initiative of the ministry to generate vital information for deriving income distribution and welfare thereof,' said the statement. In the past, MoSPI made efforts for collecting information on household income along with the consumer expenditure surveys on experimental basis in the 9th round (May 1955 to Sept 1955) and 14th round (July 1958 to June 1959) though no information was released. Later, it undertook collection of data on receipts and disbursements as part of Integrated Household Survey (IHS) in its 19th round (July 1964 to June 1965) and 24th round (July 1969 to June 1970) with the aim of obtaining a complete picture of transactions of household income. The statement said that however these efforts were not continued as it was found that the estimates of income were lower than the estimates of consumption and savings put together. In 1983-84, the NSS again attempted a pilot inquiry on household income to explore the possibility of evolving an operationally feasible collection of data on household income. This too could not transform to an all India survey. 'Experience from these surveys showed there were difficulties in collecting reliable income data in the field and to overcome all these issues and having more clarity in the surveys procedures and to oversee the overall activities of the Household Income Survey and in view of the experiences of survey conducted by countries like Australia, US, Canada and South Africa. MoSPI has constituted a technical expert group (TEG). ..,' the statement added. The national sample survey (NSS) has taken a number of initiatives to plug gaps in data in different spheres of social and economic interests. It has started annual surveys on unincorporated sector enterprises, services sectors, forward looking surveys on private sector capital expenditure, etc. with a view to make available data on important macroeconomic indicators, it added.
Economic Times
11 hours ago
- Business
- Economic Times
Household income survey set for February launch
ANI Representational image The government is expected to launch a Household Income Survey in 2026 to gather information on income distribution and welfare, the ministry of statistics and programme implementation (MoSPI) said Monday. Statistics minister Rao Inderjit Singh told ET that the survey will be launched from February 2026 "for the purpose of estimating average income of rural and urban households." The survey will also examine impact of technology adoption on household income (wages), the ministry noted.A Technical Expert Group (TEG), chaired by Dr Surjit S Bhalla, former executive director of India, International Monetary Fund (IMF), has been established to oversee the survey. "Recognizing the growing significance of such data, NSS (National Sample Survey) acknowledges the urgent need for a dedicated income distribution survey to better understand the profound structural changes that have occurred in the Indian economy over the past 75 years," the ministry said. Other members of the TEG include Ram Singh, member of the monetary policy committee (MPC) and director of Delhi School of Economics; Dr Rajesh Shukla, managing director and CEO, People's Research on India's Consumer Economy; Prof. Sonalde Desai of the National Council of Applied Economic Research; Prof. Praveen Jha from JNU's Centre for Economic Studies and Planning; Dr Tirthankar Patnaik, chief economist at National Stock Exchange of India; Aloke Kar, former professor at the Indian Statistical Institute, Kolkata; and Prof. Srijit Mishra, School of Economics, University of expert group will advise the government on aspects regarding conceptual definitions, preparation of the survey methodology, sampling design, method of estimation, and will incorporate best practices adopted across the had previously collected information on household income along with the consumption expenditure surveys on experimental basis during the 9th round (May 1955 - September 1995) and 14th round (July 1958 - June 1959), though these results were not released. Efforts were made in subsequent years, however the government faced challenges in collecting reliable income data.
Time of India
12 hours ago
- Business
- Time of India
Household income survey set for February launch
The government is expected to launch a Household Income Survey in 2026 to gather information on income distribution and welfare , the ministry of statistics and programme implementation (MoSPI) said Monday. Statistics minister Rao Inderjit Singh told ET that the survey will be launched from February 2026 "for the purpose of estimating average income of rural and urban households." The survey will also examine impact of technology adoption on household income (wages), the ministry noted. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Treatment That Might Help You Against Knee Pain Knee pain | search ads Find Now Undo A Technical Expert Group (TEG), chaired by Dr Surjit S Bhalla, former executive director of India, International Monetary Fund (IMF), has been established to oversee the survey. "Recognizing the growing significance of such data, NSS ( National Sample Survey ) acknowledges the urgent need for a dedicated income distribution survey to better understand the profound structural changes that have occurred in the Indian economy over the past 75 years," the ministry said. Live Events Other members of the TEG include Ram Singh, member of the monetary policy committee (MPC) and director of Delhi School of Economics; Dr Rajesh Shukla, managing director and CEO, People's Research on India's Consumer Economy; Prof. Sonalde Desai of the National Council of Applied Economic Research; Prof. Praveen Jha from JNU's Centre for Economic Studies and Planning; Dr Tirthankar Patnaik, chief economist at National Stock Exchange of India; Aloke Kar, former professor at the Indian Statistical Institute, Kolkata; and Prof. Srijit Mishra, School of Economics, University of Hyderabad. The expert group will advise the government on aspects regarding conceptual definitions, preparation of the survey methodology, sampling design, method of estimation, and will incorporate best practices adopted across the world. MoSPI had previously collected information on household income along with the consumption expenditure surveys on experimental basis during the 9th round (May 1955 - September 1995) and 14th round (July 1958 - June 1959), though these results were not released. Efforts were made in subsequent years, however the government faced challenges in collecting reliable income data.
Indian Express
17 hours ago
- Business
- Indian Express
Statistics ministry to conduct first-ever household income survey in 2026
The Ministry of Statistics and Programme Implementation (MoSPI) will conduct the first-ever Household Income Survey in 2026, with a Technical Expert Group (TEG) being set up to guide the ministry on the method of estimation and other aspects of the survey. In addition to measuring household income, the proposed survey will also try to assess the impact of adoption of technology on wages, the statistics ministry said on Monday. The survey will be MoSPI's latest attempt to measure household income in India, with pilots conducted in the past not resulting in a nationwide survey due to difficulties in collecting reliable income data, the ministry said. These past attempts date back to the 1950s, when it tried to collect information on income as part of its consumer expenditure surveys on an experimental basis. Further attempts were made in the 1960s as part of the Integrated Household Survey. 'However, these efforts were not continued as it was found that the estimates of income were lower than the estimates of consumption and savings put together,' MoSPI said. In the 1980s, it was again explored if it was operationally feasible to collect household income data, but it did not lead to a national survey. 'Recently, NSS (National Sample Survey) has taken a number of initiatives to plug-in the data gaps in different spheres of social and economic interests… The household income survey is another important initiative of the Ministry to generate vital information for deriving income distribution and welfare thereof,' MoSPI said. It added that there was an 'urgent need' for a dedicated income distribution survey 'to better understand the profound structural changes that have occurred in the Indian economy over the past 75 years'. According to MoSPI's latest Gross Domestic Product (GDP) data, India's per capita gross national income in 2024-25 was Rs 2.31 lakh in current prices, up 8.7 per cent from 2023-24. Surjit Bhalla-led expert group The expert group constituted on Monday will be chaired by economist Surjit Bhalla, formerly India's Executive Director at the International Monetary Fund and a part-time member of the Economic Advisory Council to the Prime Minister. In addition to Bhalla and officials from MoSPI and other government ministries, the expert group comprises of Aloke Kar, former professor at Indian Statistical Institute, Kolkata, Sonalde Desai of National Council of Applied Economic Research, Praveen Jha from Jawaharlal Nehru University's Centre for Economic Studies and Planning, Srijit Mishra from University of Hyderabad's School of Economics, National Stock Exchange of India Chief Economist Tirthankar Patnaik, People Research on India's Consumer Economy Managing Director and Chief Executive Officer Rajesh Shukla, and Ram Singh, Director of Delhi School of Economics and an external member of the Reserve Bank of India's Monetary Policy Committee. 'The Expert Group will provide guidance with regard to finalisation of concepts and definitions, preparation of the survey method and instruments, sampling design and method of estimation, and incorporate best country practices as adopted across the world… The TEG will also provide guidance for finalisation of the survey results and report for release,' MoSPI said. MoSPI, over the last couple of years, has conducted a variety of surveys to shed light on different parts of the Indian economy in addition to the regular ones that are used to compile key macroeconomic indicators such as GDP, Consumer Price Index, and Index of Industrial Production. These include annual surveys on unincorporated enterprises, the service sector, a forward-looking survey on private sector capital expenditure, and domestic travel and tourism, among others. Last month, the ministry released the result of its maiden monthly Periodic Labour Force Survey (PLFS), which had so far been conducted only on a quarterly basis for urban areas and annually for rural areas. The revamped monthly PLFS also seeks details about households' usual monthly income from rent, pension, interest, and remittances. However, the findings related to these details have so far not been released. Some of the key surveys whose results will be released over the next few months include the Annual Survey of Industries for 2023-24 and Household Social Consumption: Health. Siddharth Upasani is a Deputy Associate Editor with The Indian Express. He reports primarily on data and the economy, looking for trends and changes in the former which paint a picture of the latter. Before The Indian Express, he worked at Moneycontrol and financial newswire Informist (previously called Cogencis). Outside of work, sports, fantasy football, and graphic novels keep him busy. ... Read More
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Business Standard
18 hours ago
- Business
- Business Standard
NSO to launch household income survey from Feb 2026: Statistics minister
The survey aims to estimate average household income across India and may help provide a clearer picture of poverty, inequality and income disparity across rural and urban areas New Delhi Listen to This Article In an ambitious move, the Ministry of Statistics and Programme Implementation (MoSPI) is set to launch the Household Income Survey (HIS) starting February next year. The survey will be used to calculate the average income of rural and urban households, Statistics Minister Rao Inderjit Singh told Business Standard. 'Household Income Survey has also been planned for launching by the ministry from February 2026 for the purpose of estimating average income of rural and urban households,' said Singh. The upcoming survey by the National Statistics Office (NSO) marks renewed efforts at collecting data on household income in India. It is expected
