Will the Centre Host the Next Workshop on GDP, CPI, and IIP Base Revision This Tuesday?
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Synopsis
Join us as the Ministry of Statistics and Programme Implementation holds a pivotal workshop aimed at revising the base for GDP, CPI, and IIP. Discover how these changes will impact the economic landscape and gather insights from leading experts and officials. This critical event promises to shape future economic statistics.
Key Takeaways
- Workshop date: Tuesday at Bharat Mandapam.
- Focus: Base revision of GDP, CPI, and IIP.
- Participants: Economists, financial experts, and government officials.
- Goals: Enhance transparency, foster dialogue, and gather feedback.
- Release dates: CPI on Feb 12, 2026; National Accounts on Feb 27, 2026; IIP on May 28, 2026.
New Delhi, Dec 22 (NationPress) The Ministry of Statistics and Programme Implementation (MoSPI) is set to conduct its second consultative workshop prior to the release regarding the base revision of the Gross Domestic Product (GDP), Consumer Price Index (CPI), and Index of Industrial Production (IIP) at Bharat Mandapam on Tuesday.
The workshop aims to present the proposed methodological and structural alterations associated with the ongoing base revision of the GDP, CPI, and IIP, inviting feedback and insights from attendees. The inaugural consultative workshop took place in Mumbai on November 26.
This upcoming session will gather a diverse array of participants, including distinguished economists, financial institution experts, banking specialists, core statistics users, and high-ranking officials from both the Central and State Governments. This variety is expected to enhance discussions and help users understand the changes in the revised series.
The inaugural session will feature NITI Aayog Vice Chairman Suman K. Bery as the chief guest, accompanied by Chief Economic Advisor V. Anantha Nageswaran, MoSPI Secretary Saurabh Garg, and MoSPI's Director General for Central Statistics, N.K. Santoshi.
Following the opening session, the workshop will include technical discussions on GDP, CPI, and IIP, along with open house dialogues. Participants will receive a booklet containing brief concept notes on the proposed changes in the GDP, CPI, and IIP base revisions. The workshop's goal is to enhance transparency, encourage informed discussion, and ensure extensive consultation prior to the release of the revised GDP, CPI, and IIP series.
The updated CPI series, featuring a base year of (2024=100), is expected to be launched on February 12, 2026. The new National Accounts series, using FY 2022-23 as the base year, is set for release on February 27, 2026. Similarly, the new IIP series with the base year 2022-23 is slated for release on May 28, 2026.
Point of View
I recognize the significance of the Ministry of Statistics and Programme Implementation's upcoming workshop. The revisions to the GDP, CPI, and IIP are crucial for accurately reflecting our economy's health and trends. Engaging with diverse stakeholders ensures a comprehensive approach, fostering transparency and informed dialogue, which is essential for national progress.
NationPress
23/12/2025
Frequently Asked Questions
What is the purpose of the workshop?
The workshop aims to discuss the proposed methodological and structural changes in the base revision of GDP, CPI, and IIP, while gathering feedback from participants.
Who will attend the workshop?
The workshop will feature economists, financial experts, government officials, and other stakeholders to enrich discussions.
When will the revised indices be released?
The new CPI series is set for release on February 12, 2026, the National Accounts series on February 27, 2026, and the new IIP series on May 28, 2026.
