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GDP COMPILATION METHODOLOGY
MoSPI to launch new surveys, boost high-frequency economic indicators: Saurabh GargIndia's statistics ministry is set to launch a new Index of Services Production. Plans include state-level data revisions and harmonisation...06 Mar, 2026, 12.47 AM IST- What changes in India’s new GDP series with 2022-23 as base year?India's Statistics Ministry has released a new GDP series. The base year is now 2022-23, replacing the older 2011-12. This update uses new ...28 Feb, 2026, 07.12 AM IST
- India GDP Data Series: Key FAQs about the economy's fresh math answeredIndia New GDP Data Series Changes: India is releasing a new Gross Domestic Product series today. The base year is shifting to 2022-23. This...27 Feb, 2026, 01.13 PM IST
- India updates trade index base year to FY23 to better capture new-age trade trendsIndia has updated its merchandise trade indices. The new base year is FY 2022-23, replacing the old FY 2012-13. This change better reflects...20 Feb, 2026, 07.45 PM IST
- Govt to tap e-tailers, online sources for price data in new CPI seriesThe government plans to include online and e-commerce price data in calculating retail inflation (CPI) to improve its accuracy, reliability...23 Dec, 2025, 05.25 PM IST
- India's GDP data debate: Why current methods remain robust and what will change with the 2026 base revisionIndia’s GDP is measured using globally accepted SNA methods, and despite an outdated base year, key economic activity is still captured. A ...04 Dec, 2025, 11.17 PM IST
- Making a case for changing base year for GDP calculationsKrishnamurthy Subramanian's hypothesis is that base effect underestimates actual GDP growth during the lifecycle of revisions to GDP. He es...19 Mar, 2023, 11.56 PM IST
- Government launches new GDP series to align with global methodIssues linked back-series of growth nos. from 1950-51 to 2003-04, with 2011-12 as base year.10 Aug, 2019, 07.05 AM IST
- IIP base, methodology review in the worksA working group has been set up to revise base to 2017-18 and monitor if its estimation follows global practices.07 Aug, 2019, 05.23 PM IST
- MPC member Ravindra Dholakia questions new GDP series methodologyRavindra Dholakia has raised doubts over the veracity of the higher growth registered in manufacturing output.05 Sep, 2018, 08.02 PM IST
- No index should eliminate source of natural fluctuation: TCA Anant, Chief StatisticianNow that the current GDP series and the IIP are on the same base, the directional bias has been eliminated15 May, 2017, 03.17 PM IST
- CSO to review impact of cement, steel on growthUpdating numbers for eight previous years could help in explaining jump in growth following switch to the new series.16 Jan, 2017, 01.25 AM IST
- Set up committee to adopt acceptable GDP methodology: Parliamentary PanelA Parliamentary Panel today asked the government to constitute a committee of eminent economists to adopt "one acceptable methodology" base...28 Apr, 2016, 09.23 PM IST
- Service production indices for health, education sectors likelyBecause of paucity of data the government has still not finalised the base years for the two sectors and the work is still at a nascent sta...03 Oct, 2015, 05.19 AM IST
- India gets IMF help on 'back-casting' of new GDP dataAlong with the changes made in January to the methodology and the base year, the government had also revised its GDP growth estimates for 2...12 May, 2015, 05.52 PM IST
- IMF team headed for India to grasp new GDP methodIMF's Director for Asia and Pacific Department Changyong Rhee said the change in the methodology was a "welcome move by India".07 May, 2015, 01.46 PM IST
- National accounting methods to be opened to publicThe government will soon put in the public domain the national accounting methods in an attempt to lift confidence in the official numbers.30 Apr, 2011, 12.54 AM IST
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