TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Indira Gandhi’s Alliance with the Communists Redefined Indian History Education

    Indira Gandhi’s Alliance with the Communists Redefined Indian History Education

    “Inspiration for millions”: PM Modi Presents Russian Edition of Bhagvad Gita as Gift to Putin

    “Inspiration for millions”: PM Modi Presents Russian Edition of Bhagvad Gita as Gift to Putin

    ‘Combat ready, Cohesive, Credible Force’: Indian Navy Reiterates Commitment to Motherland

    ‘Combat ready, Cohesive, Credible Force’: Indian Navy Reiterates Commitment to Motherland

    Despite Nehru’s objection, Rajendra Prasad became India’s first President !

    How Nehru Resisted Dr. Rajendra Prasad—from Presidency to Somnath visit  and Beyond

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    From Paper-Mandates to eNACH Registration: How Digital Mandates Are Changing Cash Flow

    From Paper-Mandates to eNACH Registration: How Digital Mandates Are Changing Cash Flow

    What is the financial management cycle?

    What is the financial management cycle?

    Smart Investment Planning: Calculating Mutual Fund SIP Growth Easily

    Smart Investment Planning: Calculating Mutual Fund SIP Growth Easily

    Convert ETH to USD Using Price Statistics for Better Trading Decisions

    Convert ETH to USD Using Price Statistics for Better Trading Decisions

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Veterans Deserve More Than Promises: The System Must Match the Soldier’s Sacrifice

    Veterans Deserve More Than Promises: The System Must Match the Soldier’s Sacrifice

    How Ukraine Uses Psychological and Information Warfare to ‘Win,’ and What India Can Learn From This Strategy

    How Ukraine ‘Wins’ the Psychological and Informatiaon War Despite Destruction — Lessons India Cannot Afford to Ignore

    Pakistan’s ‘ship-launched ASBM’ claim doesn’t withstand technical or industrial scrutiny

    Pakistan’s ‘ship-launched ASBM’ claim doesn’t withstand technical or industrial scrutinys

    Borders Can Change: Why Rajnath Singh’s Sindh Remark is India’s New Message to Pakistan

    Borders Can Change: Why Rajnath Singh’s Sindh Remark is India’s New Message to Pakistan

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Europe’s Slow Descent Into Weakness

    Europe: A Continent Happily Committing a Long-Drawn Suicide

    End of NATO? US Secretary of State Marco Rubio May Skip Foreign Ministers’ Meet in Brussels for First Time in Two Decades

    End of NATO? US Secretary of State Marco Rubio May Skip Foreign Ministers’ Meet in Brussels for First Time in Two Decades

    ‘Best Fighter In the World’ Dmitry Peskov Pitches For Sukhoi-57 Fighter Jet Ahead of Putin’s Visit to India

    ‘Best Fighter In the World’ Dmitry Peskov Pitches For Sukhoi-57 Fighter Jet Ahead of Putin’s Visit to India

    ‘We Are Ready to Go As Far As India Is’: Ahead of Putin Visit, Kremlin Says India-Russia Partnership Has No Limits

    ‘We Are Ready to Go As Far As India Is’: Ahead of Putin Visit, Kremlin Says India-Russia Partnership Has No Limits

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Despite Nehru’s objection, Rajendra Prasad became India’s first President !

    How Nehru Resisted Dr. Rajendra Prasad—from Presidency to Somnath visit  and Beyond

    Talom Rukbo Initiated the Donyi–Polo Movement: Bringing Tribal Youth Back to Their Roots

    Talom Rukbo: The Forgotten Hero Who Shielded Arunachal’s Tribal Communities from Religious Conversion

    How Guru Tegh Bahadur The Ninth Sikh Guru Became a Martyr for Religious Freedom

    How Guru Tegh Bahadur The Ninth Sikh Guru Became a Martyr for Religious Freedom

    21 November 1962: Looking Back at the Indo-China war and How it Redefined the Border Equation

    21 November 1962: Looking Back at the Indo-China war and How it Redefined the Border Equation

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    감정을 가진 로봇의 시대가 오고 있다

    감정을 가진 로봇의 시대가 오고 있다

    Is AISaver Face Swap the Best Tool for Face Swap Video Online Free in 2025?

    Is AISaver Face Swap the Best Tool for Face Swap Video Online Free in 2025?

    Why Fat Analysis Matters in the Food and Feed  Industry?

    Why Fat Analysis Matters in the Food and Feed Industry?

    Heart Surgery Hospital in Delhi: What to Expect During Your Procedure

    Heart Surgery Hospital in Delhi: What to Expect During Your Procedure

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Indira Gandhi’s Alliance with the Communists Redefined Indian History Education

    Indira Gandhi’s Alliance with the Communists Redefined Indian History Education

    “Inspiration for millions”: PM Modi Presents Russian Edition of Bhagvad Gita as Gift to Putin

    “Inspiration for millions”: PM Modi Presents Russian Edition of Bhagvad Gita as Gift to Putin

    ‘Combat ready, Cohesive, Credible Force’: Indian Navy Reiterates Commitment to Motherland

    ‘Combat ready, Cohesive, Credible Force’: Indian Navy Reiterates Commitment to Motherland

    Despite Nehru’s objection, Rajendra Prasad became India’s first President !

    How Nehru Resisted Dr. Rajendra Prasad—from Presidency to Somnath visit  and Beyond

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    From Paper-Mandates to eNACH Registration: How Digital Mandates Are Changing Cash Flow

    From Paper-Mandates to eNACH Registration: How Digital Mandates Are Changing Cash Flow

    What is the financial management cycle?

    What is the financial management cycle?

    Smart Investment Planning: Calculating Mutual Fund SIP Growth Easily

    Smart Investment Planning: Calculating Mutual Fund SIP Growth Easily

    Convert ETH to USD Using Price Statistics for Better Trading Decisions

    Convert ETH to USD Using Price Statistics for Better Trading Decisions

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    Veterans Deserve More Than Promises: The System Must Match the Soldier’s Sacrifice

    Veterans Deserve More Than Promises: The System Must Match the Soldier’s Sacrifice

    How Ukraine Uses Psychological and Information Warfare to ‘Win,’ and What India Can Learn From This Strategy

    How Ukraine ‘Wins’ the Psychological and Informatiaon War Despite Destruction — Lessons India Cannot Afford to Ignore

    Pakistan’s ‘ship-launched ASBM’ claim doesn’t withstand technical or industrial scrutiny

    Pakistan’s ‘ship-launched ASBM’ claim doesn’t withstand technical or industrial scrutinys

    Borders Can Change: Why Rajnath Singh’s Sindh Remark is India’s New Message to Pakistan

    Borders Can Change: Why Rajnath Singh’s Sindh Remark is India’s New Message to Pakistan

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Europe’s Slow Descent Into Weakness

    Europe: A Continent Happily Committing a Long-Drawn Suicide

    End of NATO? US Secretary of State Marco Rubio May Skip Foreign Ministers’ Meet in Brussels for First Time in Two Decades

    End of NATO? US Secretary of State Marco Rubio May Skip Foreign Ministers’ Meet in Brussels for First Time in Two Decades

    ‘Best Fighter In the World’ Dmitry Peskov Pitches For Sukhoi-57 Fighter Jet Ahead of Putin’s Visit to India

    ‘Best Fighter In the World’ Dmitry Peskov Pitches For Sukhoi-57 Fighter Jet Ahead of Putin’s Visit to India

    ‘We Are Ready to Go As Far As India Is’: Ahead of Putin Visit, Kremlin Says India-Russia Partnership Has No Limits

    ‘We Are Ready to Go As Far As India Is’: Ahead of Putin Visit, Kremlin Says India-Russia Partnership Has No Limits

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Despite Nehru’s objection, Rajendra Prasad became India’s first President !

    How Nehru Resisted Dr. Rajendra Prasad—from Presidency to Somnath visit  and Beyond

    Talom Rukbo Initiated the Donyi–Polo Movement: Bringing Tribal Youth Back to Their Roots

    Talom Rukbo: The Forgotten Hero Who Shielded Arunachal’s Tribal Communities from Religious Conversion

    How Guru Tegh Bahadur The Ninth Sikh Guru Became a Martyr for Religious Freedom

    How Guru Tegh Bahadur The Ninth Sikh Guru Became a Martyr for Religious Freedom

    21 November 1962: Looking Back at the Indo-China war and How it Redefined the Border Equation

    21 November 1962: Looking Back at the Indo-China war and How it Redefined the Border Equation

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    감정을 가진 로봇의 시대가 오고 있다

    감정을 가진 로봇의 시대가 오고 있다

    Is AISaver Face Swap the Best Tool for Face Swap Video Online Free in 2025?

    Is AISaver Face Swap the Best Tool for Face Swap Video Online Free in 2025?

    Why Fat Analysis Matters in the Food and Feed  Industry?

    Why Fat Analysis Matters in the Food and Feed Industry?

    Heart Surgery Hospital in Delhi: What to Expect During Your Procedure

    Heart Surgery Hospital in Delhi: What to Expect During Your Procedure

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

The Budget 2023 Paradox: Examining Data Discrepancies

Abhishek Kumar Singh by Abhishek Kumar Singh
31 January 2023
in Economy, Finance
The Budget 2023 Paradox: Examining Data Discrepancies
Share on FacebookShare on X

Budget 2023 is on the horizon. More than 1.3 billion people have high hopes from the government. The government is trying its best to get the most out of the available resources. But, what if there are discrepancies in SWOT analysis? Things come crashing down. If we don’t improve our data collection scenario, the question of credibility lurks over our heads.

Sources of data in India

The major source of data is the Census of India itself. The questionnaire contained in the process covers many socio-economic issues contained in the NSSO as well. For instance, Census of 2021 tracks availability of facilities such as bathing area, kitchen, LPG, Internet, four and two wheelers and nutrients (main cereal).

RelatedPosts

Rahul Gandhi’s Colombia Praise: Half-Truths and Hidden Ties

GST 2.0: Modi Government Removes Tax Burden on Health & Life Insurance, How Middle-Class Families Are Going to Benefit?

The Abrogation of Article 370: Understanding Its Logic, Necessity, and Significance for India’s Youth

Load More

There are a total of 31 such metrics. The Registrar General and Census Commissioner of India arranges, conducts and analyzes the results of Census.

The problem with the Census is that it is static, and its data is available only after a decade. Basing growth assumptions on it risks irrelevance. Therefore the Ministry  of Statistics and Programme Implementation (MoSPI) also collects data.

As the name suggests, it has two wings. One called the National Statistics Office (NSO), has the Central Statistical Office (CSO), the Computer center and the National Sample Survey Office (NSSO) to execute statistics’ collection.

Also read: Indian economy is soaring and it’s an optimistic sign before Budget

It is the NSSO on whose shoulders the responsibility of collecting large-scale surveys on various socio-economic issues lies. These include employment, unemployment, housing conditions, domestic tourism, drinking water, sanitation, land and livestock holdings, social consumption, health, domestic tourism expenditure, labour force, construction, industries and manufacture. The period for sample collection varies between six months to one year.

Other data sources include state governments, private entities, RBI surveys and respective ministries. These sources mainly aid in analyzing data related to industrialisation. MOSPI compiles these data for the purpose for which it has been tasked.

It is aided by Big data analysis, artificial intelligence and statistical departments of renowned institutions, including Indian Statistical Institute (ISI), IITs, IIMs. Out of these, only ISI is specifically dedicated to statistical analysis. All others have departments for it.

Also read: Just before budget, Modi government announces its fiscal intentions

Problems with data collection

This is one of the big hurdles in data collection. India does not have institutions which are large enough to cater to 1.35 billion people. Periodic surveys like Periodic Labour Force Surveys, Consumer Confidence Survey, Inflation Expectations Survey of Households, National Family Health Survey, among others, require a lot of manpower on the ground.

There are mainly two reasons behind it. First, they are periodic and their calculations hold significance. Second, people on ground rarely trust these surveyors with their information. As a result, there is a lot of falsity in the data.

Falsity and impracticality can also be attributed to a smaller sample size, which is again attributed to less manpower. The RBI’s Consumer Confidence Survey was initially conducted only in six metropolitan areas. In 2018, it was expanded to 13 cities. Even after that, only 6,089 responses were counted in the latest round of the survey.

Similarly, the latest version of the Periodic Labour Force Survey relied on less than 45,000 households and 1,73,271 respondents to assess the situation of employment in India.

The government is well aware of the problem. It is one of the reasons behind the Modi government’s decision to not release the findings of 2017-18 NSSO survey. The problem had once crept in GDP data too. Prior to the 2019 budget, the Finance Ministry estimated that nominal GDP would grow by 12 per cent while inflation would rise by 4%.

It would put real GDP growth at 8 per cent. It had to accept its fault when the GDP growth rate was recorded at 3.7 per cent. It had upset all other budget calculations. Luckily, the government had a second opportunity to present its full-year budget after the General elections.

Also read: Budget 2023: Long wait for middle class is going to end now

Government’s efforts

The Vajpayee government had formed C. Rangarajan commission, which has recommended to establish a permanent National Commission on Statistics. Based on it, National Statistical Commission (NSC) is there. It was given autonomous status in order to enable it to collect data from State and Central government departments.

Statutory status would give it legal teeth, which could create problems in coordinating with other bodies. Despite that, credibility issue remained, and India, being a follower of UN Statistical Commission led systems, can’t afford this distrust.

Towards the fag end of 2019, the Modi government introduced the National Statistical Commission (NSC) Bill, 2019. It envisages a position called Chief Statistician of India. Virtually everything under the ambit of the data spectrum, including collection, audit, standardisation, rationalisation will be under his/her command. Due care has been taken to maintain the independence of the NSC.

The bill has not seen the light of the day. Even if it eventually does, it would remain defanged until there is a big monetary investment on the statistical infrastructure of the country. There are some encouraging reports, such as India’s improved ranking in global scientific publications and new education policy. It is yet to be seen how much they change the face of data collection in the country. 

Support TFI:

Support us to strengthen the ‘Right’ ideology of cultural nationalism by purchasing the best quality garments from TFI-STORE.COM

Also Watch:

Tags: C. Rangarajan commissionCentral Statistics OrganizationChief Statistician of IndiadataModi governmentNational CensusNational Statistical Commissionsurvey
ShareTweetSend
Previous Post

When Govinda started literally pleading in front of Sonia Gandhi

Next Post

Anurag Kashyap’s new facade: Bollywood’s left intelligentsia plans to befool the nationalist audience

Related Posts

From Paper-Mandates to eNACH Registration: How Digital Mandates Are Changing Cash Flow
Finance

From Paper-Mandates to eNACH Registration: How Digital Mandates Are Changing Cash Flow

3 December 2025

For years, recurring payments in India relied on processes that were slow, paperwork-heavy, and prone to avoidable errors. Even...

What is the financial management cycle?
Finance

What is the financial management cycle?

2 December 2025

Every organization, whether it is a small homegrown business or a large multinational company, depends on one crucial ability....

Smart Investment Planning: Calculating Mutual Fund SIP Growth Easily
Finance

Smart Investment Planning: Calculating Mutual Fund SIP Growth Easily

27 November 2025

The Journey of Wealth: Unlocking the Potential of SIPs Systematic Investment Plans, or SIPs, have become one of the...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

A War Won From Above: The Air Campaign That Changed South Asia Forever

A War Won From Above: The Air Campaign That Changed South Asia Forever

00:07:37

‘Mad Dog’ The EX CIA Who Took Down Pakistan’s A.Q. Khan Nuclear Mafia Reveals Shocking Details

00:06:59

Dhurandar: When a Film’s Reality Shakes the Left’s Comfortable Myths

00:06:56

Tejas Under Fire — The Truth Behind the Crash, the Propaganda, and the Facts

00:07:45

Why Rahul Gandhi’s US Outreach Directs to a Web of Shadow Controversial Islamist Networks?

00:08:04
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Contact Us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited