The outgoing GDP series, adopted in 2015, led to controversy. But, even with the new series, questions arise about the data and rising 'discrepancies', which officially capture the gap in calculations ...

If we're going to create an economy where all people can regularly meet their daily needs, we must first understand the current state of our economy. This series reveals what labor market data really ...

India has retained its tag of the world’s fastest growing major economy in the third quarter of the financial year 2025-2026, with a better-than-expected GDP growth of 7.8%. This is despite the third ...

India’s revised GDP series has delivered an unexpected outcome: a smaller economy and weaker private consumption. For a growing economy, a downward revision in size is unusual, unless earlier ...

GDP isn’t just a quarterly headline, as it shapes fiscal ratios, influences monetary policy, and signals macroeconomic stability. Therefore, when the base year changes, the story of growth may also ...

India’s GDP/GVA data are now being re-estimated with respect to a new base year — 2022-23 — replacing the earlier base year of 2011-12. The new series better reflects structural changes in the economy ...

India’s manufacturing sector has performed far better than earlier estimates under the revised GDP series released by the Ministry of Statistics and Programme Implementation, according to a report by ...

India has introduced a new GDP calculation series, designed to improve accuracy and reduce dependence on proxy indicators. Alongside the revision, updated estimates for FY26 growth and 3QFY26 GDP have ...

Last week, India’s statistics ministry released its first estimates of gross domestic product (GDP) and other associated national accounts data with 2022-23 as the base year for a new GDP series. This ...

Key trends in sectoral shares and demand drivers in the new GDP series MoSPI's new GDP series (base 2022-23) paints a picture of incremental structural transformation: rising industry (led by ...

GDP Base Year In India: The government is set to update the base year for calculating gross domestic product (GDP) to fiscal 2023 from fiscal 2012, Minister for Statistics Rao Inderjit Singh had told ...