India’s National Statistical Commission (NSC) finds itself at a significant turning point as concerns about data reliability resurface. The latest consumer price index (CPI) figures, which reported December 2025 inflation at a surprisingly low 1.3%, have sparked debate among economists and policymakers. This figure, inconsistent with other economic indicators, has raised questions about the accuracy and methodology of national data collection processes.
Experts argue that the discrepancy in the CPI figures underscores a deeper issue within the NSC, which has been grappling with the challenge of maintaining credibility amidst evolving economic landscapes. Critics assert that outdated methods and inadequate resources may be contributing to these inconsistencies, potentially affecting policy decisions and investor confidence. The NSC's role in providing trustworthy data is crucial for effective governance and planning, making the need for reform increasingly urgent.
In response to these concerns, the government is reportedly considering measures to enhance the transparency and reliability of statistical data. Proposals include modernizing data collection techniques and increasing collaboration with independent experts to ensure accuracy. As discussions progress, stakeholders emphasize the importance of restoring trust in the NSC's outputs to support India's economic objectives and maintain its growing influence on the global stage.
— Authored by Next24 Live