On 2nd March 2009, postal department of India said that it has signed an agreement with the Central Statistical Organization (CSO) for collection of data on prices of consumer commodities in selected villages.
The Central Statistical Organization will use network of postal department for collection of the data, which will be used for compilation of Consumer Price Index (CPI) for rural areas, the DoP said in a statement.
In the process, DoP will first identify shops and outlets in selected villages using its infrastructure and manpower, from where data would be collected. Further, the department would collect the prices of items specified by the CSO every month, it added.
A group will be constituted including the members from the DoP and the Ministry of Statistics and Programme Implementation headed by the Additional Director General (National Accounts Division). The group would be responsible for monitoring the quality, timelines of the regular price data, procedures and other related issues.
The Central Statistical Organization will use network of postal department for collection of the data, which will be used for compilation of Consumer Price Index (CPI) for rural areas, the DoP said in a statement.
In the process, DoP will first identify shops and outlets in selected villages using its infrastructure and manpower, from where data would be collected. Further, the department would collect the prices of items specified by the CSO every month, it added.
A group will be constituted including the members from the DoP and the Ministry of Statistics and Programme Implementation headed by the Additional Director General (National Accounts Division). The group would be responsible for monitoring the quality, timelines of the regular price data, procedures and other related issues.
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