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This comprehensive schedule outlines the planned publication dates for key macroeconomic indicators such as GDP, IIP, and CPI, along with survey reports including the Periodic Labour Force Survey (PLFS), Annual Survey of Industries (ASI), and the Annual Survey of Unincorporated Sector Enterprises (ASUSE).
The nodal agency is set to enhance the frequency and timeliness of key economic data releases, introducing a private sector capex survey, monthly labour force reports, and a revised schedule for industrial output data from FY26.
Revised release date for IIP
From April, the Index of Industrial Production (IIP) data will be released on the 28th of each month instead of the 12th, reducing the time lag from 42 days to a more current monthly cycle.
As reported by CNBC-TV18 on November 29, the government had been deliberating on reducing the time lag between IIP releases from 42 days to 30 days to ensure more timely economic data. Sources had indicated that this shift would lead to a revision in release dates, aligning IIP data more closely with other macroeconomic indicators.
In December, it was also reported that the government is working on revising the base year for IIP as part of a broader statistical update, with a new IIP series expected by March FY26.
Periodic Labour Force Survey
To meet growing demand for more frequent employment data, the government will begin releasing monthly Periodic Labour Force Survey (PLFS) reports from May, covering both rural and urban areas.
CNBC-TV18 had earlier reported that, MoSPI would shift to monthly labour estimates, aiming to make India’s statistical system more responsive.
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These reports will be published on the 15th of every month, while quarterly PLFS reports will follow a month after the quarter ends. The National Sample Survey Office (NSSO) introduced PLFS in 2017, currently publishing rural data annually and urban data quarterly.
Private Capex Survey
A new forward-looking private capex survey, set for release on April 30, will assess capital investment intentions of non-financial and financial corporations. It will compile data on capex incurred over the past three years and projections for the next two years, highlighting investment trends across industries. The survey aims to provide clarity on private sector expansion plans for 2024-25 and 2025-26, a report by Indian Express highlighted
With these changes, MoSPI aims to strengthen India’s economic data ecosystem, providing policymakers, analysts, and the RBI with more timely, accurate, and relevant insights for decision-making.
(Edited by : Shoma Bhattacharjee)
First Published: Feb 19, 2025 5:53 PM IST
