India, April 7 -- The Government of India has issued a release:
The Ministry of Statistics and Programme Implementation (MoSPI) has revised the base year of National Accounts to 2022-23, with the objective of more accurately reflecting the current structure of the economy, incorporating updated data sources and aligning estimation practices with evolving international standards. In alignment with the GDP at National level, the base year for GSDP will also be revised by States/UTs to ensure more accurate, consistent and comparable estimates of the States' economic performance over time.
Under the ACNAS, a Sub-Committee on Regional Accounts with Prof. Ravindra H. Dholakia, (Retd.) Professor, IIM Ahmedabad as chairman and members from State ...