The Ministry of Statistics and Programme Implementation (MoSPI) on Friday, November 13, invited feedback and suggestions from stakeholders and the general public on a policy paper proposing a framework to measure the contribution of knowledge and knowledge-based products to the Indian economy. The consultation follows the submission of the final report of the Committee on Knowledge Systems, which has prepared an Actionable Policy Paper on the framework.

Source: ANI via NewKerala

MoSPI constituted the Committee on Knowledge Systems on May 5, 2026, under the chairmanship of Ratan P. Watal, former Member Secretary of the Economic Advisory Council to the Prime Minister, with the mandate to prepare the actionable policy paper. The committee's final report is available on the ministry's official website under its announcements section, and suggestions on it can be submitted to MoSPI by December 12, 2026.

Source: MoSPI via Business News Week

December 12, 2026Last date for public feedback
8Components in the proposed knowledge ecosystem
May 5, 2026Committee on Knowledge Systems constituted

The paper outlines a knowledge ecosystem of eight interrelated components — knowledge capabilities and assets, enabling infrastructure, knowledge creation activities, knowledge products, knowledge-embedded products, knowledge-intensive entrepreneurship and knowledge application among them. It also proposes boundary conditions for identifying knowledge products: knowledge as input, knowledge content, identifiability, codification and economic value.

Source: ANI via NewKerala

The exercise began with a meeting chaired by Prof. Ajay Kumar Sood, Principal Scientific Adviser to the Government of India, on February 10, 2025. A base paper, Framework for Measuring the Contribution of Knowledge and Knowledge Products to the Indian Economy, was released in May 2026, and a brainstorming workshop organised by MoSPI on September 30, 2025 fed into the committee's work.

Source: MoSPI via Business News Week

MoSPI said a systematic framework matters because knowledge now plays a growing role in driving economic activity, productivity, competitiveness and value creation — yet much of that contribution is not captured cleanly by conventional statistics. The consultation is open until December 12, 2026.