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Govt fixes gold import data after confusion over count
January 10, 2025
|Hindustan Times
THE ERROR AROSE FROM ISSUES RELATED TO INTEROPERABILITY BETWEEN TWO DATA COLLECTION SYSTEMS RECORDING THE SAME DATA
NEW DELHI: The Union government has found and resolved data discrepancies over gold imports, reducing the trade deficit in November from the previous $37.8 billion to about $32.8 billion, people familiar with the matter said on condition of anonymity.
The error arose from issues related to interoperability between two data collection systems recording the same data -- in this case gold imports -- the first counting shipments of gold to special economic zones (SEZs) and again capturing supplies to domestic tariff areas (DTAs), one of the people, a senior official explained. He added that the next release of trade data in mid-January would revise the import numbers accordingly.
هذه القصة من طبعة January 10, 2025 من Hindustan Times.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Hindustan Times
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