New Delhi, Aug. 14 -- The Centre is working on a multi-pronged approach to modernise India's oft-criticised statistical system, with the ministry of statistics and programme implementation (MoSPI) leading the efforts, two people aware of the matter said.

The broad plan of the statistics ministry is to improve data collection, processing, and management by leveraging advanced technologies and AI (artificial intelligence). Such an effort would also enhance the speed, accuracy, and frequency of data collection and dissemination, the people mentioned above said on condition of anonymity.

The exercise would include updating the base year for calculating gross domestic product (GDP), consumer price index (CPI), and the index of industrial pro...