A revised GDP series with 2022–23 as the base year will be released on February 27, along with updated historical data covering the previous four years.
India's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.
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 ...
India has changed its GDP base year to 2022-23, using new methods and data for more accurate economic measurement and better policymaking.
Chennai: The GDP data based on a revised base year, which is set to be released this week, can potentially impact on state borrowing limits under fiscal responsibility laws and alter central fund ...
The GDP revision improves measurement, says former chief statistician Pronab Sen, but raises questions on double deflation, consumption surge and fiscal maths ...
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 ...
Real GDP measures the pace of economic growth after stripping out the effects of inflation. In India’s case, this has ...
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 ...
GDP doesn’t measure what we should care about, say critics. Is that true?
On 27 February, India will shift its GDP base year to 2022-23 from 2011-12. The update could lift output estimates and signal ...
Learn how GNP is used to measure economic development and demand, and understand its distinction from GDP, as well as when GNP serves as a superior metric.
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