TIMELY AND TOPICAL STATISTICS FOR AGILE POLICY MAKING - SPEECH BY DR. POONAM GUPTA, DEPUTY GOVERNOR, RESERVE BANK OF INDIA DELIVERED AT THE PRE-RELEASE CONSULTATIVE WORKSHOP ON BASE REVISION OF CONSUMER PRICE INDEX (CPI), GROSS DOMESTIC PRODUCT (GDP) AND INDEX OF INDUSTRIAL PRODUCTION (IIP) AT MUMBAI ON NOVEMBER 26, 2025

MUMBAI, India, Nov. 26 -- Reserve Bank of India issued the following speech:

Good morning, Dr. Mahendra Dev, Chairman, EAC-PM, Dr. Saurabh Garg, Secretary, Ministry of Statistics and Programme Implementation (MoSPI), officers from MoSPI, fellow economists, and fellow policymakers. It is my privilege to be a part of this pre-release consultative workshop.

I would like to recognise the leadership of Dr. Saurabh Garg in bringing credibility, ownership, and, may I say, excitement, to the process of base revision of the key macroeconomic data series of India. I would also like to acknowledge the invaluable contributions of the experts, academics, and officials, many of whom are present here today, in this exercise. The data and statistics are ...