(25 September 2023) Government Data Roundup: Reports by RBI, MoSPI, TRAI Among Those Released Recently - FACTLY
Sai Krishna Muthyanolla
September 25, 2023
In this 38th edition of fortnightly government data roundup, we look we look at the RBI Bulletin for September 2023 and draft master directions on treatment of wilful defaulters. RBI also released Handbook of Statistics on the Indian Economy 2022-23. We also look at some of the other releases by RBI and TRAI.
In this 38 edition of fortnightly government data roundup, we look at the RBI Bulletin for September 2023 and draft master directions on the treatment of wilful defaulters. RBI also released Handbook of Statistics on the Indian Economy 2022-23. This is a compilation of 240 statistical tables covering macroeconomic and financial variables pertaining to national income aggregates, output, prices, money, banking, financial markets, public finances, foreign trade, and balance of payments as well as select socio-economic indicators.
In addition to these, we look at some of the releases by RBI and TRAI. Among the monthly reports, quick estimates of the Index of Industrial Production, CPI for rural, urban, and combined, CPI for agricultural and rural laborers were released. The explainer on key price indices can be read here.
Key statistics from these reports are as below.
In addition to these monthly releases, some of the significant releases in this fortnight are below:
TRAI:
RBI:
RBI Bulletin- September 2023
Brief about the report:
RBI releases monthly bulletin consisting of research articles, speeches by RBI, and some current statistics. These are important as they provide different perspectives on the functioning of the economy. September Bulletin consists of five articles:
Key highlights of the bulletin:
Draft Master Direction – Treatment of Wilful Defaulters and Large Defaulters
Brief about the report:
The draft Master Direction aims to expand the range of entities that can label borrowers as wilful defaulters while also broadening the definition of such defaults. It seeks to enhance the process of identifying wilful defaults, necessitating a review and resolution within six months of classifying an account as non-performing. The primary goal of these guidelines is to establish a fair and transparent procedure, in line with principles of natural justice, for lenders when designating a borrower as a wilful defaulter.
Key highlights of the draft: