The Central government of India is set to introduce a new initiative to release monthly unemployment figures, starting from May 15. This move comes as part of efforts to enhance the frequency and transparency of labor market data in the country, marking a significant milestone. Initially, the data released will cover the period from January to March. Additionally, the government aims to unveil private capital expenditure data by the end of April, further bolstering its data reporting mechanisms. Furthermore, there are plans to broaden the scope of data collection to encompass the service and informal sectors, providing a more comprehensive overview of the nation’s economic landscape. This development underscores the government’s commitment to promoting data-driven decision-making and fostering greater accountability in economic reporting.