1 introduction
play

1 INTRODUCTION Indias GDP growth since the 90 s has been led by - PDF document

Jan 01, 2024 •262 likes •874 views

1 INTRODUCTION Indias GDP growth since the 90 s has been led by services sector Service sector growth has increased from 8.0% in 2012- 13 to 9.1% in 2013-14 and further to 10.6% in 2014-15. Currently India estimates Wholesale

  1. 1

  2. INTRODUCTION • India’s GDP growth since the 90 ’s has been led by services sector • Service sector growth has increased from 8.0% in 2012- 13 to 9.1% in 2013-14 and further to 10.6% in 2014-15. • Currently India estimates Wholesale Price Index which covers only goods and not services • However the Consumer Price Index in India covers some services like housing, education, health etc. but at B to C and not B to B level. • Decision to include service sector prices in WPI/ PPI in India taken in principle • Currently development of business service sector price indices is at an experimental stage • Efforts are on to include both B to B and B to C services 2

  3. Growth rate of service sector in India Sector/ y-o-y growth rate (%) Indicator 2010-11 2011-12 2012-13 2013-14 2014-15 GDP at constant prices 9.1 6.7 4.9 6.6 7.2 (base year: 2011-12) 9.8 6.6 8 9.1 10.2 Services 3

  4. Name of Service Turnover statistics Price statistics Rail transport Yes Yes Air transport Yes Yes Port Services Yes Yes Banking Services Yes Yes Insurance Service Yes Yes Postal Service Yes Yes Telecommunication Service Yes Yes Road transport (Freight) Service No Yes Trade Services No Yes Business Services No Yes Health Services Yes No Education Services Yes No 4

  5. CURRENT STATUS OF DEVELOPMENT OF BUSINESS SERVICE PRICE INDEX IN INDIA FOR INCLUSION IN WPI/PPI • So far five business service indices have been compiled on an experimental basis 1. Rail 2. Air transport 3. Banking 4. Postal 5. Telecom • Fixed base Laspeyres ’ method has been used in all cases as is currently being done for Wholesale Price Index estimation 5

  6. OVERVIEW OF PROPOSED SERVICE PRICE INDEX All indices are expected to be integrated as per the following framework: 6

  7. Background • MoSPI to prepare test indices for each sector • Methodology to be handed over to the concerned administrative ministry/office for future compilation • Base year 2004-05 for the sectors for which test indices already prepared • For others base year to be taken as 2011-12, the base year for GDP; BY to be changed whenever BY for GDP is changed. • Periodicity: Quarterly but can be shifted to six- monthly/annual if data is NA quarterly • Methodology used : Laspeyre

  8. RAILWAY SERVICE PRICE INDEX Sub Section Division Group Class Class NIC ISIC NIC ISIC NIC ISIC NIC NIC ISIC (2008) (2008) (2008) (2008) (2008) (2008) (2008) (2008) (2008) H - H - 49 - Land 49 - Land 491 - 491 - 4911 - 4911 - 49110 - Transpo Transpo transpor transpor Transport Transpor Passenger Passenger Passenge rt and rt and t and t and via t via rail rail r rail Storage Storage transpor transpor railways railways transport transport, transport t via t via interurban pipelines pipelines 4912 - 4912 - 49120 - Freight Freight rail Freight rail transport rail transport transport 8

  9. ISSUES Administrative Ministry / Services Organization / Problem / Status other possible data sources Variables used : Rail Railway Board Freight Data: Tonne Kms of major Service, commodities transported Monthly Passenger data: Passenger kms travelled Index under different classes. Weights : Total revenue from passenger traffic by class of travel) and freight transport (by type of material) Challenges: 1.Freight Data comes in batches of 3-4 months. Mechanism to get regular monthly data is to be established. 2.Passenger Data is not provided citing commercially sensitive nature of the data. 9

  10. AIR SERVICE PRICE INDEX Section Division Group NIC (2008) ISIC (2008) NIC (2008) ISIC (2008) NIC (2008) ISIC (2008) H - H - 51- Air 51- Air 511- 511- Transpo Transport transport transport Passenger Passenger rt and and Storage air transport air Storage transport 512- Freight 512- air transport Freight air transport 10

  11. AIR SERVICE PRICE INDEX Class Sub Class NIC (2008) ISIC (2008) NIC (2008) 5110- Passenger air 5110- Passenger air 51101 - Passenger transport transport Airways 5120- Freight air 5120 - Freight air 51201 - Freight air transport transport transport services 11

  12. ISSUES Administrative Ministry / Services Organization / other Problem / Status possible data sources Variables used : Air DGCA, M/o of Civil Freight Data: Tonne Kms of cargo Transport Aviation transported by different airlines Monthly Passenger data: Passenger kms travelled Index by different airlines Weights : Airlines wise gross operating revenue Challenges : • NSOPs not included • Data on passengers in different classes not available 12

  13. POSTAL SERVICE PRICE INDEX Sub Section Division Group Class Class NIC ISIC NIC ISIC NIC ISIC NIC ISIC NIC (2008) (2008) (2008) (2008) (2008) (2008) (2008) (2008) (2008) H- H- 53 - 53 - 531- 531- 5310 - 5310- 53100 - Transpor Transpor Postal Postal Postal Postal Postal Postal Postal t and tation and and activities activities Activities activities Activities Storage and courier courier (National Storage activities activities Postal Activities 13

  14. ISSUES Administrative Ministry / Services Organization / other Problem / Status possible data sources Variables used : Department of Posts Postal Service, 1.Unregistered Mail – Inland, (excluding private Foreign courier services) 2.Registered Mail - Inland, Foreign 3.Premium Products Weights: Revenue from each service item. Services Excluded : Private. Courier, Financial services, Pension payments, sale of revenue stamp, money transfer, philately etc Data Availability : Annual Test Indices Prepared. Challenges: Services included for ISP accounts 14 for 47% of total revenue.

  15. TELECOM (CELLULAR) SERVICE PRICE INDEX Section Division Group Class Sub Class NIC ISIC NIC ISIC NIC ISIC NIC ISIC NIC (2008) (2008) (2008) (2008) (2008) (2008) (2008) (2008) (2008) J - J - 61- 61- 611 -Wired 611 -Wired 6110- 6110- 61101- Activities Informat Informa Teleco Teleco telecomm telecommu Wired Wired of basic telecom ion and tion and mmuni mmuni unications nications telecomm telecommu services: Commun Commu cations cations activities activities unications nications telephone ication nication activities activities 61104 - Activities of providing internet access by the operator of the wired infrastructure 612- 612- 6120- 6120- 61201 - activities Wireless Wireless Wireless Wireless of internet telecomm telecommu telecomm telecommu access by unications nications unications nications operator of activities activities activities activities wireless infrastructure 15

  16. TELECOM (CELLULAR) SERVICE PRICE INDEX Group Class Sub Class NIC (2008) ISIC (2008) NIC (2008) ISIC (2008) NIC (2008) 61202 - Activities of maintaining and operating paging, cellular and other telecommunication activities 61209 - Activities of other wireless telecommunication activities 613- Satellite 613- Satellite 6130 - Satellite 6130 - Satellite 61301 - Activities of telecommunicat telecommunicat telecommunic telecommunicatio internet access by ions activities ions activities ations ns activities operator of the satellite activities infrastructure 16

  17. ISSUES Administrative Ministry / Services Problem / Status Organization / other possible data sources Variables used : Telecommunication, TRAI No. of users of Quarterly Index CDMA and GSM services Challenges: Non-availability of data for wire line services. 17

  18. Banking Service Index 18

  19. Section Division Group Class Sub Class NIC ISIC NIC ISIC NIC ISIC NIC ISIC (2008) (2008) (2008) (2008) (2008) (2008) (2008) (2008) NIC (2008) K – K – 64 - 64 - 641 - 641 - 6419 - 6419 - 64191 - Financia Financial Financia Financial Monetary Monetary Other Other Monetary l and and l service service intermedi intermedi monetar monetar intermediat Insuran Insuranc activities activities, ation ation y y ion of ce e , except except intermed intermed commercial Activitie Activitie insuranc insuranc iation iation banks, s s e and e and saving pension pension banks, funding funding postal saving banks and discount houses 649 - 649 - 6499 - 6499 - 64990 - Other Other Other Other Other financial financial financial financial financial service service service service service activities, activities, activities, activities, activities, except except except except except insurance insurance insuranc insuranc insurance and and e and e and and pension pension pension pension pension funding funding funding funding funding activities activities activities, activities, activities 19

  20. ISSUES Administrative Ministry / Organization / Services Problem / Status other possible data sources Banking RBI Index constructed for all Scheduled Service, Commercial Banks including Regional Rural Quarterly Banks based on their balance sheet data. Index Methodology: Income Generated Method a) Fee Income received for direct services b) FISIM method for intermediary services Challenges : Data for Local Area Banks and Cooperative Banks not available. But SCBs and RRBs account for 93% in assets, advances and deposits of banking system 20

Download Presentation
Download Policy: The content available on the website is offered to you 'AS IS' for your personal information and use only. It cannot be commercialized, licensed, or distributed on other websites without prior consent from the author. To download a presentation, simply click this link. If you encounter any difficulties during the download process, it's possible that the publisher has removed the file from their server.

Recommend

INTRODUCTION INTRODUCTION INTRODUCTION INTRODUCTION INTRODUCTION INTRODUCTION INTRODUCTION

INTRODUCTION INTRODUCTION INTRODUCTION INTRODUCTION INTRODUCTION INTRODUCTION INTRODUCTION

TRAINING COURSE ON SOCIAL PROTECTION & FORMALIZATION TRINIDAD AND TOBAGO MARCH 15, 2017 INTRODUCTION INTRODUCTION INTRODUCTION INTRODUCTION INTRODUCTION INTRODUCTION INTRODUCTION INTRODUCTION Design of the NIS Assistance from the

547 views • 23 slides
INTRODUCTION Introduction 2/42 INTRODUCTION Alternations I am giving bread to the

INTRODUCTION Introduction 2/42 INTRODUCTION Alternations I am giving bread to the

Patterns of variation in the expression of case and agreement Andrs Brny Leiden University Centre for Linguistics 9 November 2019, BaSIS Workshop a.barany@hum.leidenuniv.nl INTRODUCTION Introduction 2/42 INTRODUCTION

1.37k views • 42 slides
Introduction Introduction Introduction Introduction Outline Motivation Failures

Introduction Introduction Introduction Introduction Outline Motivation Failures

Introduction Introduction Introduction Introduction Outline Motivation Failures Definition and concepts Process and product properties Principles SE Approaches Motivation Software and the economy The economies of

1.03k views • 49 slides
Introduction Introduction Introduction Nationwide Cause for Concern 1

Introduction Introduction Introduction Nationwide Cause for Concern 1

Introduction Introduction Introduction Nationwide Cause for Concern 1 https://www.cdc.gov/std/stats17/infographic.htm Introduction Epidemiology in Western Colorado CPHE Surveillance Data Report, May 2018 Chlamydia Epidemiology in Western

977 views • 39 slides
DAQ introduction Purpose of this talk : (1) Introduction for those who have not been in every

DAQ introduction Purpose of this talk : (1) Introduction for those who have not been in every

DAQ introduction Purpose of this talk : (1) Introduction for those who have not been in every meeting (2) Some ideas of diagrams for section 7.1 (Introduction) of TP. Giles Barr 25 Jan 2018, Pembroke College On DUNE, the reality is there is a

474 views • 10 slides
INTRODUCTION cf. Schneider, Chapter 1 INTRODUCTION THEY ARE OUT TO GET YOU INTRODUCTION WHAT

INTRODUCTION cf. Schneider, Chapter 1 INTRODUCTION THEY ARE OUT TO GET YOU INTRODUCTION WHAT

ADVANCED COMPUTER SECURITY INTRODUCTION cf. Schneider, Chapter 1 INTRODUCTION THEY ARE OUT TO GET YOU INTRODUCTION WHAT IS SECURITY? A systems security policies describe What the system is supposed to do Store and provide access

479 views • 16 slides
Overview Introduction to SMIL Introduction to W3C and XML Introduction to SMIL

Overview Introduction to SMIL Introduction to W3C and XML Introduction to SMIL

Overview Introduction to SMIL Introduction to W3C and XML Introduction to SMIL Writing a SMIL file Adding Media Objects Martin Halvey Clipping media files January 2008 Timing and Synchronising Layout World Wide

387 views • 14 slides
14 Introduction Introduction Bad guys can put malware into Example: hosts

14 Introduction Introduction Bad guys can put malware into Example: hosts

Introduction Introduction source Encapsulation ISO/OSI reference model message M application segment H t H t M transport network datagram H n H n H t M presentation: allow applications to frame link H l H n H t M interpret

583 views • 4 slides
Previous Lecture Introduction to SMIL 2 Introduction to W3C and XML Introduction to SMIL

Previous Lecture Introduction to SMIL 2 Introduction to W3C and XML Introduction to SMIL

Previous Lecture Introduction to SMIL 2 Introduction to W3C and XML Introduction to SMIL Writing a SMIL file Adding Media Objects Martin Halvey Clipping media files January 2008 Timing and Synchronising Layout

322 views • 8 slides
Lecture 1 Andreas Habegger Introduction Zynq Introduction Zynq Introduction Zynq PS vs. PL

Lecture 1 Andreas Habegger Introduction Zynq Introduction Zynq Introduction Zynq PS vs. PL

Introduction Zynq Lecture 1 Andreas Habegger Introduction Zynq Introduction Zynq Introduction Zynq PS vs. PL Processing System Processor Peripherals Data Buses AXI Bus Conclusion BTE5380 - Embedded Systems Octobre 2014 Andreas Habegger

1.81k views • 30 slides
2018.06 01 SMILE5 Introduction S E 5 02 Alpha Cloud M I L 03 Company Introduction 04

2018.06 01 SMILE5 Introduction S E 5 02 Alpha Cloud M I L 03 Company Introduction 04

2018.06 01 SMILE5 Introduction S E 5 02 Alpha Cloud M I L 03 Company Introduction 04 Project References S E 5 PART.1 SMILE5 Introduction M I L Introduction STORION-SMILE5 Residential Energy Storage System Inverter 5kW Output Input

1.06k views • 25 slides
Introduction to CICS Course introduction Course introduction What is CICS? What is an

Introduction to CICS Course introduction Course introduction What is CICS? What is an

Introduction to CICS Course introduction Course introduction What is CICS? What is an application server? Why use an application server? Course introduction Services provided by CICS How CICS applications are defined Scaling CICS to meet

1.84k views • 146 slides
Network Visualization Introduction Presented by Shahed Introduction Introduction Basic

Network Visualization Introduction Presented by Shahed Introduction Introduction Basic

Network Visualization Introduction Presented by Shahed Introduction Introduction Basic building blocks Node Links (relationship between nodes) Spatial information Network data

584 views • 9 slides
Introduction Introduction (1) Main argument of the paper: universities are not only

Introduction Introduction (1) Main argument of the paper: universities are not only

Le jugement des pairs comme outil de management des universits Peer-review as a management tool Christine Musselin (CSO, Sciences Po et CNRS) Avril 2013, Lirrsistible ascension du capitalisme acadmique Introduction Introduction (1)

590 views • 28 slides
Introduction Introduction to storage and to storage and filesystems filesystems Introduction

Introduction Introduction to storage and to storage and filesystems filesystems Introduction

Moreno Baricevic Gilberto Daz Axel Kohlmeyer Stefano Cozzini ULA ICTP CNR-IOM DEMOCRITOS Merida, VENEZUELA Trieste, ITALY Trieste, ITALY Introduction Introduction to storage and to storage and filesystems filesystems Introduction

1.19k views • 51 slides
JABLOTRON JA-100 introduction November 2011 Introduction Todays goals First introduction of

JABLOTRON JA-100 introduction November 2011 Introduction Todays goals First introduction of

JABLOTRON JA-100 introduction November 2011 Introduction Todays goals First introduction of the brand new JA-100 alarm system Visions Basic architecture System components Setting Help us with final validations You are the FIRST ones

1.69k views • 111 slides
Reweaving Local: Transition Towns & Timebanking A new way of thinking about time, wealth, and

Reweaving Local: Transition Towns & Timebanking A new way of thinking about time, wealth, and

Reweaving Local: Transition Towns & Timebanking A new way of thinking about time, wealth, and community 1 What is Timebanking? At its most basic level, a Timebank is a community of people who support each other. Time Banking

340 views • 16 slides
VacuNest S hape M emory T ooling shaping the future ~ today VacuNest is a NOVATEC technology

VacuNest S hape M emory T ooling shaping the future ~ today VacuNest is a NOVATEC technology

RCAB VacuNest S hape M emory T ooling shaping the future ~ today VacuNest is a NOVATEC technology VacuNest RCAB Shape Memory Tooling shaping the future ~ today PRIOR ART SOLUTIONS RCAB TECHNOLOGI ES DEDI CATED TOOLS FLEXI BLE PI N

406 views • 19 slides
Reconstructing Corrupt DEFLATEd Files Ralf D. Brown Carnegie Mellon University 3 August 2011

Reconstructing Corrupt DEFLATEd Files Ralf D. Brown Carnegie Mellon University 3 August 2011

Reconstructing Corrupt DEFLATEd Files Ralf D. Brown Carnegie Mellon University 3 August 2011 Why do we care about DEFLATE compression? DEFLATE is Ubiquitous Many file types are in fact ZIP archives: OOXML (.docx, .xslx, .pptx)

438 views • 40 slides
H AMPTON R OADS M ILITARY T RANSPORTATION N EEDS S TUDY 2018 U P D A T E P R E S E N T E D B Y : S

H AMPTON R OADS M ILITARY T RANSPORTATION N EEDS S TUDY 2018 U P D A T E P R E S E N T E D B Y : S

H AMPTON R OADS M ILITARY T RANSPORTATION N EEDS S TUDY 2018 U P D A T E P R E S E N T E D B Y : S A M B E L F I E L D H A M P T O N R O A D S T R A N S P O R TAT I O N P L A N N I N G O R G A N I Z AT I O N M E E T I N G A G E N D A I T E M # 1 3 J

184 views • 14 slides
Remittances over the Cycle: Dynamics and Smoothing Ergys Islamaj (Vassar College) Ayhan Kose

Remittances over the Cycle: Dynamics and Smoothing Ergys Islamaj (Vassar College) Ayhan Kose

Motivation Fiscal space Fiscal policy Effectiveness Institutions Policy implications Remittances over the Cycle: Dynamics and Smoothing Ergys Islamaj (Vassar College) Ayhan Kose (World Bank, DECPG) Supriyo De (World Bank, DECPG) S. Reza

700 views • 33 slides
The Digital Economy, Welfare and Productivity Growth Kevin J. Fox New Zealand Treasury

The Digital Economy, Welfare and Productivity Growth Kevin J. Fox New Zealand Treasury

UNSW Business School Centre for Applied Economic Research The Digital Economy, Welfare and Productivity Growth Kevin J. Fox New Zealand Treasury Wellington 4 February 2020 A Research Agenda on the Digital Economy 1. Brynjolfsson, E., A.

1.04k views • 79 slides
Michigan Catastrophic Claims Association Excess PIP Benefits are unlimited as to duration

Michigan Catastrophic Claims Association Excess PIP Benefits are unlimited as to duration

Michigan Catastrophic Claims Association CAS Government in Insurance Seminar Paul E. Kinson, ACAS, MAAA October 4, 2010 Michigan Catastrophic Claims Association Excess PIP Benefits are unlimited as to duration and amount Very long

50 views • 4 slides
2015 RATE DESIGN APPLICATION (RDA): COST OF SERVICE (COS) PREFERRED APPROACH AND SENSITIVITIES

2015 RATE DESIGN APPLICATION (RDA): COST OF SERVICE (COS) PREFERRED APPROACH AND SENSITIVITIES

2015 RATE DESIGN APPLICATION (RDA): COST OF SERVICE (COS) PREFERRED APPROACH AND SENSITIVITIES October 7, 2014 INTRODUCTION AGENDA Approximate Time Item Panel 9 :00 9:10 Welcome Anne Wilson 9:10 9:20 Background Gord Doyle 9:20

718 views • 58 slides

More recommend