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P. K. Mishra delivers keynote at MoSPI's Conference of State Planning, Finance and IT Secretaries

Principal Secretary to the Prime Minister Dr P. K. Mishra delivered the keynote at the inaugural session of the Conference of State Planning, Finance and IT Secretaries in New Delhi.
The conference was organised by the Ministry of Statistics and Programme Implementation (MoSPI).
He said a strong statistical system is essential for evidence-based policymaking and Viksit Bharat @ 2047.
He cited the new National Accounts Series with 2022-23 as the base year, with updated Consumer Price Index and Index of Industrial Production series.
He called statistics an instrument of cooperative federalism and said granular State, district and local data would be increasingly necessary.
He said AI and satellite imagery offer significant opportunities to improve official statistics, but that speed cannot come at the cost of accuracy.

Organiser: MoSPI Base year of new National Accounts Series: 2022-23
Why it matters for exams: The base-year revision of national accounts, CPI and IIP, and MoSPI's role are frequent economy questions.
Kerala PSCUPSC
13 October 2026 Source: Press Information Bureau

In plain words

MoSPI Ministry of Statistics and Programme Implementation — The Union ministry responsible for official statistics such as GDP, CPI and IIP.

Base year Base year — The reference year against which an index or series is measured.

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