India - Personal Income

India: Personal Income

Mnemonic	YP.IIND
Unit	10 Mil. INR
	Undefined	12.06 %
Data	31 Mar 2022	18,524,185
	31 Mar 2021	16,530,481

Series Information

Source	Ministry of Statistics and Programme Implementation (MOSPI)
Release	Gross Domestic Product
Frequency	Quarterly
Start Date	3/31/2012
End Date	3/31/2022

India: Consumer

	Reference	Last	Previous	Units	Frequency
Consumer Confidence	Mar 2024	98.54		Index, NSA	Monthly
Personal Income	31 Mar 2022	18,524,185	16,530,481	10 Mil. INR	365 days

Release Information

Description

For India, the quarterly and annual national accounts, including: the detailed expenditure approach to GDP (use of GDP), gross value added (production approach), and compensation of employees (income approach).

Properties

Active:

National accounts framework: UN SNA 2008
Industry classification: NIC 2008
Measurements:
- Ten million Indian rupees at constant fiscal year-2012 prices (10 Mil. FY 2012 INR)
- At current prices (10 Mil. INR)
Adjustment: Not seasonally adjusted (NSA)
Native frequencies:
- Quarterly
- Annual(March)
Start dates:
- 2011Q2
- 1951

Predecessors:

At FY 2005 prices, NIC 1998 - 1951 to 2014
At FY 2000 prices - 1996 to 2009

Methodology

Valuation is by market prices, not factor cost.

India's fiscal year runs from April 1, YYYY to March 31, YYYY+1. For example, fiscal year 2020-2021 runs from April 1, 2020 to March 31, 2021.

Moody's Analytics supplements

As of October 2019, we extend the history of the as-reported NSA series to 1996.

We compute counterparts that are seasonally adjusted at an annualized rate (SAAR).

Revisions

The quartertly estimates are brought out with a timeliness of two months after the completion of a quarter. First and second quarter estimates are revised with the release of Second Advance Estimates. First, second and third release of 4th quarter estimates on 31st May. Thereafter, quarterly estimates for a financial year are revised based on revision of annual estimates each time these estimates are released for succeeding years. Apart from this regular revision calendar, the estimates are also revised in case of revision of base year of any of the indices used for compilation of these estimates. Most important indices used for compilation of GDP are Index of Industrial Production (IIP), Wholesale Price Index (WPI) and Consumer Price Indices.

Notes

For data reported by fiscal year that spans two calendar years, Data Buffet banks to the second calendar year. For example, India's data for "year 2018-19" is stored as 2019.