India, Dec. 18 -- The Government of India issued the following news release:

The primary objective of Forward-Looking Survey on Private Corporate Sector Capex Investment Intentions Survey of Ministry of Statistics and Programme Implementation (MoSPI) is to measure capital investment intentions of private corporate sector covering non-financial and financial corporation through collection of information from major resident enterprises on:

Capital Expenditure incurred during last three financial years, Capital Expenditure incurred or to be incurred during the current and forthcoming financial years on different asset groups and industries Data collected in this survey will help to assess the expected investment to be made by the enterprises for two consecutive financial years (namely, 2024-25 and 2025-26). Also, it will provide an indication of preferred industries / sectors where major investment is likely to be made in the coming years.

The methodology adopted by the Ministry of Statistics and Programme Implementation (MoSPI) for conducting the Forward-Looking Survey on Private Corporate Sector CAPEX Investment Intentions is as follows:

In accordance with the Collection of Statistics Act, 2008, notices have been issued to selected enterprises drawn from a frame of active resident private enterprises registered under the Companies Act, 2013 with the Ministry of Corporate Affairs. Data collection is carried out via a dedicated web portal, where selected enterprises submit the required information through self-compilation. To ensure the reliability of the collected data, a robust scientific methodology has been employed for the selection of enterprises which is validated by members of the Technical Advisory Group and the Steering Committee consisting of experts from various spheres such as Central Ministries/Departments, State/UTs, academia, research, economics, finance, etc. Additionally, the web portal incorporates built-in validation checks, and thorough scrutiny is performed by trained personnel to ensure data accuracy.

This information was given by the Minister of State (Independent Charge) of the Ministry of Statistics and Programme Implementation, Minister of State (Independent Charge) of the Ministry of Planning and Minister of State in the Ministry of Culture, Rao Inderjit Singh in a written reply in the Lok Sabha today.

Disclaimer: Curated by HT Syndication.