The Union Ministry of Statistics and Programme Implementation (MOSPI) is working on a five-year plan, which includes artificial intelligence and machine learning as focus areas, sources told Moneycontrol.
“Consultations are going on regarding our vision for the next five years,” a person aware of the developments said, noting that the ministry will set the themes, based on which it will decide on goals and a plan of action.
One of the primary focus of the new document is likely to be further incorporating artificial intelligence and machine learning and strengthening the technology base.
“We have already moved from paper-based interviews to computer-aided interviews, which check the data in real-time,” the person said.
The document is also likely to lay down a year-wise plan for the ministry to work towards.
The earlier document, which covered the period from 2019 until 2024, worked on three broad themes: Strengthening statistical infrastructure for real-time monitoring of the economy, launch of an integrated information portal and strengthening the monitoring of large infrastructure projects.
The ministry last month announced the launch of its 'e-sankhyiki' portal to enhance data access.
The ministry is also working on shortening the timeline of surveys.
Moneycontrol had earlier reported that the ministry if working towards releasing urban unemployment data monthly and rural statistics every quarter.
The ministry is also working towards a new calculation for national accounts, consumer inflation and industrial production.
India's GDP data is likely to be revised by early 2026. The government recently formed a committee to advise on base year revision and changes to GDP calculation.
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