New Delhi, Feb. 28 -- India's latest base year revision of national accounts has led to an upward adjustment in GDP growth estimates for 2025-26, with analysts seeing it as analytically significant given that it captures structural changes in the economy and incorporates new data sources.
The Ministry of Statistics and Programme Implementation (MoSPI) on Thursday released the new series of Annual and Quarterly National Accounts Estimates, shifting the base year from 2011-12 to 2022-23. The revision is part of a broader exercise to update key macroeconomic indicators, including the Consumer Price Index (CPI), Gross Domestic Product (GDP), and the Index of Industrial Production (IIP).
India's real GDP is estimated to grow by 7.6 per cent ...
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