MoSPI Partners Thapar Institute to Build an AI-Driven Monthly Consumption Expenditure Framework
MoSPI signed an MoU with the Thapar Institute of Engineering & Technology (TIET), Patiala on 31 August 2026 to develop a predictive and analytical framework for monthly consumption expenditure. It will use Household Consumption Expenditure Survey (HCES) data to estimate Monthly Per Capita Consumption Expenditure (MPCE) at national and state levels, feeding poverty estimation and economic planning. It was signed by TIET Vice-Chancellor Prof. Padmakumar Nair and MoSPI Additional DG R. Rajesh, an early application of AI in India's official statistics. It follows the same ministry's Q1 FY27 GDP release and its shift to the revised 2022-23 national accounts series.
MoSPI houses the National Statistical Office and conducts the National Sample Survey | The Household Consumption Expenditure Survey is used to derive MPCE and to revise the Consumer Price Index basket | Thapar Institute of Engineering & Technology, a deemed-to-be university, was established in 1956 at Patiala, Punjab