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MOSPI GDP REVISIONS
IMF applauds India’s GDP data revamp, says currency pain is no sign of failure as country entered energy shock with strong fundamentalsThe International Monetary Fund has raised India's growth forecast to 7% for this year and next. India is seen as having strong fundamental...- India’s growth is making the world rewrite its forecast: MoSPI Secretary Saurabh GargIndia's continued economic resilience, supported by strong corporate performance and sustained investment activity, is now being reflected ...
- India’s new services speedometer flashes green across 17 sectorsIndex of Services Production: In July, India's services sector experienced significant growth, with 17 of 19 sub-sectors reporting year-on-...
- Estimating is not fudging: Decoding the needless jump from 'GDP is estimated' to 'GDP can't be trusted'India poses an exceptionally difficult statistical challenge because hundreds of millions work on farms, tiny shops, construction sites and...
- India's new GDP series: GST, corporate data drive new methodologyIndia's revamped GDP calculation incorporates extensive corporate filings and GST data, as revealed by the statistics ministry. This update...
- India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical frameworkAcknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic st...
- SBI Ecowrap calls ‘missing’ GDP figures claim ‘fiction’, defends revisionsAn SBI Ecowrap report dismisses claims of missing national account sums as fictional. It states criticisms stem from comparing distinct sta...
- New GDP series reflects better data, methods: MoSPIThe Ministry of Statistics and Programme Implementation defends its new GDP series methodology. Double deflation is presented as a methodol...
- "GDP figure being projected is not real": Akhilesh Yadav takes swipe at Centre over economic claims, unemploymentSamajwadi Party chief Akhilesh Yadav questioned the government's economic growth projections. He stated that rampant unemployment and high ...
- 2.7 ka 7.8, 7.8 ka 2.8... The data debate behind India’s GDP growthLatest GDP metrics reveal a robust real growth of 7.8% for Q1 FY27, although some dissent surfaced due to erroneous comparisons between out...
- GDP data revision: Govt says it's revised base, not baselessIndia's statistics ministry defended its latest GDP growth figures. The ministry cited improved data sources and methodologies for the esti...
- India’s industrial output quickens to 7.3% in June from 5.1% in May as manufacturing, electricity growth acceleratesIndia's industrial output marked a notable 7.3 percent growth in June 2026, fueled by a strong surge in manufacturing and an uptick in elec...
- MoSPI asks states to shift GSDP base year to 2022-23 for better economic data accuracyThe Ministry of Statistics and Programme Implementation has issued new guidelines for calculating Gross State Domestic Product. The base ye...
- 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...
- GDP, inflation, output: India hits reset on key economic numbersIndia is updating key economic indicators. The base year for GDP, IIP, and CPI will be revised. This aims to make data more accurate and re...
- 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...
- Govt to release new series of retail inflation, GDP data from Feb, IIP from MayThe Ministry of Statistics and Programme Implementation will release new macroeconomic data series with revised base years for retail infla...
- Revised GDP series will have new, real-time data sourcesThe revised GDP series slated for release in 2026 will utilize new data sources like E-Vahan and eGram Swaraj for more accurate data. The M...
- MoSPI is giving an increased focus on data quality, assurance, credibility: GovernmentThe government had last month approved the merger of National Sample Survey Office (NSSO) with the Central Statistics Office (CSO) under Mo...
- Chief statistician to remain head of statistics systemUnder criticism for restructuring the statistical system, the government has clarified that the chief statistician will continue to be the ...
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