Practice • Improve • Repeat
In the previous parts of our Decoding Base Year series, we tackled the Overview and the New CPI. Today, we are opening the “Black Box” of Indian GDP: The Unorganized (Informal) Sector. For the UPSC ISS Aspirant, this is the most critical update. Why? Because nearly 90% of India’s workforce is informal, yet for the last decade, we have been measuring their … Read more
In our last blog, we discussed the “Big Picture” of MoSPI’s base year revisions. Today, we are zooming in on the indicator that affects every Indian’s pocket and every UPSC ISS aspirant’s marks: The Consumer Price Index (CPI). The government is shifting the CPI Base Year from 2012 to 2024. Why is this huge? Because the current inflation … Read more
If you are preparing for the UPSC Indian Statistical Service (ISS) exam, you know that “Official Statistics” (Paper II) and “General Economics” are the rank-deciders. But here is the challenge: the textbooks are old, but the economy is changing fast. The Ministry of Statistics and Programme Implementation (MoSPI) is currently undertaking one of the most massive exercises … Read more