At the item level, both prices and methodology remain unchanged, and since the prices are already current, no significant distortion is expected, the Statistics Secretary said ...
India's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.
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 ...
Former Chief Statistician Pronab Sen discusses India’s new 2022-23 GDP base year series. While commending MoSPI's ...
The release of the new series of national accounts data is a welcome improvement to India’s key economic statistics ...
GDP series shows India’s shift toward an investment-led growth model, with Manufacturing hitting 11.5% in FY26.
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 ...
Understand the income approach to GDP, where total expenditures equal the income from goods and services in an economy.
Depending upon the selected set of goods and services used, multiple types of inflation values are calculated and tracked as ...
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