The Ministry of Statistics and Programme Implementation (MoSPI) has officially shifted India's GDP base year to 2022-23.
The government has introduced wide-ranging methodological changes to measure gross domestic product (GDP) and allied numbers by heeding to the criticism over earlier single deflator method, which gave ...
Chennai: The GDP base year is being revised from financial year 2011-2012 to 2022-23 and the revised series will be released on February 27. The previous revision of base year in 2015 as well as the ...
The new series of data not only revises the base year for calculation purposes to 2022-23, it also incorporates several vital changes with an aim to give a more accurate measurement of the size of the ...
As India shifts to 2022-23 as the new base year for measuring GDP, here’s a simple look at the key data concerns raised over ...
After a decade, the GDP series is undergoing a revision. Some of the proposed changes will make for a more accurate reading of the economy but the shortcomings of the deflator will remain ...
India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data.
It has also published fresh annual and quarterly GDP estimates for the period between 2022-23 and 2025-26 under the revised ...
Real GVA in Q3 of FY 2025-26 is estimated at ₹77.38 lakh crore, against ₹71.77 lakh crore in Q3 of FY 2024-25, showing a growth rate of 7.8%. Nominal GVA in Q3 of FY 2025-26 is estimated at ₹82.58 ...
Such revisions usually change the level of GDP and its sectoral shares. The conceptual basis for GDP is contained in the UN supported recommendations commonly called the System of National Account ...
India’s economic momentum likely due to slower government spending and weak exports, while technical changes in GDP ...
India's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.