Sebi Proposes Overhaul in Household Savings Computation for Accurate Data

Markets regulator Sebi has proposed changes in the methodology for capturing household savings through the Indian securities market to improve data accuracy. The revisions include redefining investor categories, broadening types of instruments, and adding new components. The goal is to provide a comprehensive view of household savings with more accurate data.

Markets regulator Sebi's latest working paper proposes significant changes to the computation methodology for household savings through the Indian securities market, aiming to enhance data accuracy.

The revised approach includes redefining investor categories, broadening the types of financial instruments, and incorporating previously excluded components. These adjustments intend to capture the actual values more comprehensively.

The paper highlights the changing saving patterns of Indian households and aims to provide granular data to the Reserve Bank of India (RBI) and the Ministry of Statistics and Programme Implementation (MoSPI). This initiative is expected to offer a more accurate reflection of household savings in India.

(With inputs from agencies.)