(17 July 2023) Government Data Roundup: Reports By RBI, MoE, MoSPI, Among Those Released Recently
Sai Krishna Muthyanolla
July 17, 2023
The 33rd edition of the fortnightly roundup of government data covers the Performance Grading Index (PGI) by the Ministry of Education, the Financial Stability Report (FSR) by RBI and Report of the Inter-Departmental Group (IDG) on the internationalization of INR by RBI.
In this 33  edition of fortnightly government data roundup, we look at the Performance Grading Index (PGI) by the Ministry of Education, the Financial Stability Report (FSR) by RBI, and the Report of the Inter-Departmental Group (IDG) on the internationalization of INR by RBI.
Among the monthly reports, CPI for Urban, Rural, and Combined, and Index of Industrial Production were released. The explainer on key price indices can be read here.
Key statistics from these reports are as below.
Performance Grading Index (PGI-D)
Brief about the report:
The Performance Grading Index for Districts (PGI-D), released by the Department of School Education and Literacy (DoSE&L), Ministry of Education, evaluates the effectiveness of the school education system at the District level by developing an index for thorough analysis.
This Report is based on data that the districts voluntarily uploaded in a reference year. The PGI-D structure includes 83 indicators with a combined weight of 600 points that are arranged into 6 categories: outcomes, effective classroom transactions, infrastructure facilities and student entitlements, school safety & child protection, digital learning, and governance process.
PGI-D assigns each district one of 10 grades, with Daksh—the highest grade being awarded to districts that receive more than 90% of the total points in a category or overall. Akanshi-3, which is for scores up to 10% of the total points, is the lowest grade in PGI-D.
Key findings of the report:
Financial Stability Report 2023
Brief about the report:
The Financial Stability Report (FSR) is a half-yearly publication with contributions from all the financial sector regulators. The FSR summarizes the findings of the Sub Committee of the Financial Stability and Development Council’s evaluation of current and potential vulnerabilities to the Indian financial system.
Key highlights of the report:
Report of Inter-Departmental Group (IDG) on Internationalization of INR
Brief about the report:
This report is drafted against the backdrop of India’s rising importance in the global economic landscape and, consequently, the potential for the Indian Rupee (INR) to emerge as an international currency. The Inter-departmental Group is tasked to review the extant position of INR as an international currency and to frame a road map for the internationalization of INR.
Key highlights:
The Group recognizes that the internationalization of INR is a process rather than an event, and thus to enable, track and monitor the progress, certain milestones for implementation have been recommended.
Short-term goals:
Medium-term goals:
Long-term goals: