Language Selection

Get healthy now with MedBeds!
Click here to book your session

Protect your whole family with Orgo-Life® Quantum MedBed Energy Technology® devices.

Advertising by Adpathway

         

 Advertising by Adpathway

Norms issued to estimate District Domestic Product

1 day ago 1

PROTECT YOURSELF with Orgo-Life® QUANTUM TECHNOLOGY

Orgo-Life the new way to the future

  Advertising by Adpathway

Norms issued to estimate District Domestic Product

ET BureauLast Updated: Jun 04, 2026, 12:34:00 AM IST

Synopsis

New uniform guidelines for estimating district domestic product have been released by the statistics ministry, aiming for standardized indicators and bottom-up data collection. This move, aligning with the revised 2022-23 national GDP base year, will enhance decentralized planning and evidence-based policy formulation across all key economic sectors at the district level.

District Domestic ProductANIRepresentative Image

New Delhi: The statistics ministry on Wednesday released uniform guidelines for estimating district domestic product (DDP), introducing standardised indicators, sector-specific estimation methodologies, and a greater focus on bottom-up data collection under the revised 2022-23 base year.

The guidelines recommend using goods and services tax (GST) collections to estimate economic activity in trade, hotels, and restaurants; Annual Survey of Industries data for organised manufacturing, Annual Survey of Unincorporated Sector Enterprises for informal sector activities and the RBI banking statistics for financial services.

Earlier this year, the ministry of statistics and programme implementation (MoSPI) revised the national gross domestic product base year to 2022-23 from 2011-12.


"The availability of reliable and comparable DDP estimates is expected to support decentralised planning, evidence-based policy formulation, regional development analysis and informed decision-making at the district levels," the ministry said in a statement The guidelines provide a framework for covering all major sectors of the economy, including agriculture, manufacturing, construction, trade, transport, financial services, public administration, and other services.

Stories you might be interested in

    Read Entire Article

             

            

    Start the new Vibrations with a Medbed Franchise today!  

    Protect your whole family with Quantum Orgo-Life® devices

      Advertising by Adpathway