MoSPI explains GDP methodology, negative manufacturing deflator and revisions in Q1 estimates

September 2, 2026 3:44 PM

MoSPI explains GDP methodology, negative manufacturing deflator and revisions in Q1 estimates

The Ministry of Statistics and Programme Implementation (MoSPI) on Wednesday issued additional information to explain various aspects of the GDP estimates for the first quarter of 2026-27, including the use of double deflation, differences between GDP and other inflation measures, revisions to the previous year’s estimates and the gap between nominal and real Gross Value Added (GVA). The explanation comes after the Ministry released the updated annual and quarterly GDP series. The revised ser...

CM Patel invites domestic, global investors to invest in Gujarat

August 31, 2026 6:20 PM

CM Patel invites domestic, global investors to invest in Gujarat

Gujarat Chief Minister Bhupendra Patel on Monday invited entrepreneurs, business leaders, and domestic and global investors to invest in Gujarat, saying it offers significant opportunities in areas such as manufacturing, new technologies, and green energy. Addressing the curtain-raiser for the 11th Vibrant Gujarat summit, he said the state provides a stable policy environment, talented youth, effective governance, scale and transparency. The three-day summit will begin on January 10, 2027. The...

PLI schemes drive Centre’s push for domestic chemical, pharma manufacturing under Make in India

December 3, 2025 10:42 AM

PLI schemes drive Centre’s push for domestic chemical, pharma manufacturing under Make in India

The government has stepped up efforts to expand domestic chemical and pharmaceutical manufacturing through a combination of infrastructure development and Production Linked Incentive (PLI) schemes, the Ministry of Chemicals and Fertilizers said on Tuesday. According to details shared by Minister of State Anupriya Patel in the Rajya Sabha, multiple schemes are currently under implementation to promote investment, expand production capacity, and reduce import dependency across key segments. The ...

PM Modi hails NextGen GST reforms as boost to ease of living, healthcare, and economic growth

September 4, 2025 10:26 PM

PM Modi hails NextGen GST reforms as boost to ease of living, healthcare, and economic growth

Prime Minister Narendra Modi on Thursday highlighted the transformative impact of the Government’s NextGen GST reforms, underscoring their role in enhancing ease of living, strengthening public health and nutrition, and supporting India’s middle class, MSMEs, and rural economy. Addressing the latest phase of the reform, PM Modi described the measures as a continuation of India’s decade-long commitment to bold economic reforms, including corporate tax reductions, GST implementation, and pe...

Build future-ready workforce for manufacturing growth: Ashwini Vaishnaw

May 23, 2025 12:23 PM

Build future-ready workforce for manufacturing growth: Ashwini Vaishnaw

Union Minister of Electronics and IT Ashwini Vaishnaw has called for concerted action to build talent and capacity in support of the ‘Viksit Bharat 2047’ mission. Addressing a roundtable attended by industry leaders and academia, Vaishnaw called on stakeholders to accelerate the development of a future-ready workforce to drive manufacturing growth in India. The roundtable discussion focused on talent development and capacity building for sustainable manufacturing, combining a global perspe...

DMTX 2025 and FACTEQ 2025: Powering manufacturing advancements in India

April 29, 2025 12:24 PM

DMTX 2025 and FACTEQ 2025: Powering manufacturing advancements in India

In the vibrant heart of India's industrial tapestry, the Indian Machine Tool Manufacturers’ Association (IMTMA) is going to unveil the fifth edition of the Delhi Machine Tool & Manufacturing Technology Expo (DMTX 2025). It is a gathering where innovation meets craftsmanship. Alongside it, the second edition of the Factory Equipment Expo (FACTEQ 2025) will offer a glimpse into the future of smart, sustainable factories, showcasing revolutionary equipment, intelligent material storage soluti...

PM Modi assures policy consistency and reforms to drive inclusive growth

March 4, 2025 3:53 PM

PM Modi assures policy consistency and reforms to drive inclusive growth

Prime Minister Narendra Modi, addressing post-budget webinars via video conferencing on Tuesday, reaffirmed the government’s commitment to stable policies and continuous reforms to boost India's manufacturing, exports, and MSME sectors. The webinars, focused on themes such as MSMEs as engines of growth, manufacturing and exports, and regulatory and investment reforms, aimed at shaping post-budget strategies. "Today, the country has been witnessing an unprecedented consistency in government po...