Title : Wholesale Price Index

Description

OEA is exploring the option of modernizing this application. It has requested NISG to submit a proposal for defining the functional requirements of the new application and a transition plan.

Client Name : Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce, Government of India

Client Type : Central Government

Client

The Office of the Economic Advisor (OEA), Department of Industrial Policy and Promotion, Ministry of Commerce and Industry (MOCI)
Office of the Economic Adviser (OEA) is an attached office of the Ministry of Commerce & Industry.
The main functions of the Office of Economic Adviser include, inter alia the following:

  • Formulation of industrial policies and the effect of trade policies on them
  • Analysis of macro-economic aggregates
  • Examination of general economic issues
  • Recommendations regarding rates of excise & customs duties on industrial products
  • Compilation and publication of the Wholesale Price Index Numbers in India which is mainly used for calculation of Inflation
  • Compilation and publication of Hand Book of Industrial Policy and Statistics

Project Genesis / Description

OEA is exploring the option of modernizing this application. It has requested NISG to submit a proposal for defining the functional requirements of the new application and a transition plan.

Project Objectives

The OEA is looking to augment the WPI application so that it meets the following requirements:

  • It must re-built on a technology platform that is more modern and is supported by the technology suppliers
  • The architecture should be modular and as parameterized as possible (so that changes in rules only require changes in input parameters and do not need recompilation of the application)
  • The application interface must be graphical, and user interfaces intuitive
  • The application must support workflows, so that the various stages of drafting and finalization of the WPI are facilitated online
  • Remote data suppliers should be able to log into the application and enter data directly on the system
  • The system should conform to modern electronic security standards of the Government of India
  • The system should have a facility to send out alerts and reminders to data suppliers

NISG's Methodology / Solution

  • NISG to Study the current application in detail
  • Document the functional requirements
  • Outline the broad architecture requirements of the new application
  • Define a plan for transitioning to the new application (including a time frame and phased approach)

WPI compilation process steps suggested by NISG

Current Status

  • Done:
    • A summary of the functionality covered by the current system done
    • Brief analysis of current issues done
    • Business rules and UI schemas are provided for core functionalities
  • To be done:
    • Technology architecture
    • Expected hardware requirements
    • Transition plan

Published On : 23rd August, 2013