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GVA METHODOLOGY
MoSPI proposes Index of Service Production with 2024-25 as base yearThe Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector u...27 Apr, 2026, 07.29 PM IST- With new GDP series, experts see stronger data credibility and stable FY26 outlookIndia's economy shows strong momentum with 7.8 per cent GDP growth in the October-December 2025 quarter. Experts note this reflects sustain...02 Mar, 2026, 11.44 AM IST
- India’s economic numbers are getting an upgrade: What’s changing, why it matters, and what the Centre wantsIndia is overhauling its economic measurement systems, incorporating online prices and real-time data to improve inflation, industrial outp...24 Dec, 2025, 01.28 PM IST
- GoI to revamp GDP series with new measurements, seeks industry feedbackThe new GDP series, with base year 2022-23, will be released on Feb 27, 2026, replacing the current 2011-12 base. The new series will use m...22 Nov, 2025, 06.50 AM 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
- ET Exclusive: MoSPI, NITI Aayog's collaboration for GDP back series not inappropriate, says Rajiv KumarResponding to the row, Kumar says MoSPI and NITI Aayog's collaboration is neither new nor inappropriate.05 Dec, 2018, 12.02 AM IST
- Nothing strange about back series GDP data, says Niti Aayog's Rajiv KumarThese high growth rates have now been revised downwards after applying the latest data sets.05 Dec, 2018, 12.00 AM IST
- Farming & mining hit primary sector growth in UPA eraStark change has been attributed by the government in the economic growth rate during the UPA era.29 Nov, 2018, 08.33 AM IST
- Narendra Modi government manipulating GDP data of previous years: CongressThe Congress leader said the economic mismanagement under the Modi government has led to economic anarchy and jugglery of GDP figures.28 Nov, 2018, 10.31 PM IST
- RBI dumps GVA model, switches back to GDP to measure economyCiting global best practices, the reserve bank has opted to switch from the supply-based GVA to the demand-based GDP to measure economic ac...05 Apr, 2018, 06.44 PM IST
- FY16 GDP growth revised up to 8.2%, FY17 unchanged at 7.1%: CSOThe nominal GDP for the year has been revised to 10.8% from 11% estimated earlier.31 Jan, 2018, 11.57 PM IST
- View: Indian economy will only get better from Q1 2018-19 onwardsThere was never any reason for the gloom and doom that 5.7% unleashed. No one has conclusively established any link between demonetisation ...03 Dec, 2017, 12.00 AM IST
- We expect full year growth rate on an FY17 base at 6.5%: SK Ghosh, SBIThe agricultural sector growth rate is unlikely to be more than 2 to 2.5% for the full year.01 Dec, 2017, 10.08 AM IST
- Government to unveil new IIP, WPI series on FridayThe government will release on Friday the new series of Index of Industrial Production as well as Wholesale Price Index, with 2011-12 as th...08 May, 2017, 06.34 PM IST
- India to launch new IIP series with 2011-12 base year on May 9The change in baseline for the IIP is expected to bring in more accuracy in mapping the level of economic activity and calculating other nu...02 May, 2017, 11.48 PM IST
- Will give GDP estimate in January: TCA Anant, chief statisticianThe way Indian systems work, most establishments take usually a month after the closure of the month to prepare the accounts for that month.03 Oct, 2016, 07.19 AM IST
- There is more acceptance, credibility of new GDP data: Chief statistician T C A AnantAmid the controversy over GDP numbers,T C A Anant defends the new methodology of measuring economic activity and explains the logic behind ...05 Jun, 2015, 12.22 PM IST
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