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India is plotting a game-changer for RBI, banks, corporates, investors
India is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated enterprises. The proposed MoSPI index could improve GDP estimates, guide RBI interest-rate decisions, strengthen inflation management, sharpen government policymaking and offer investors, businesses and economists an unprecedented real-time view of the country's largest employment engine.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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Plan afoot to create index for unincorporated enterprises
The index, proposed by the ministry of statistics and programme implementation (MoSPI), will provide insights into the health of the large yet often difficult-to-measure informal…
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India is plotting a game-changer for RBI, banks, corporates, investors
India is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated enterprises. The proposed MoSPI index could improve GDP estimates,…