Revision of the Release Date of Provisional Estimates of Annual Gross Domestic Product (GDP) and Fourth Quarter (Q4) GDP Estimates

India, May 12 -- The Government of India has issued a release:

The National Statistics Office (NSO), Ministry of Statistics & Programme Implementation (MoSPI) has revised the release date of the Provisional Estimates (PE) of Annual Gross Domestic Product (GDP) and Quarterly Estimates of GDP for Fourth Quarter (Q4) from last working day of May to 7th June (or the previous working day if 7th June is a holiday) of every year.

The revision in the release schedule has been made after due consultation with the Advisory Committee on National Accounts Statistics (ACNAS) with a view to further strengthen the data quality. The need for revising the release date has arisen as certain critical datasets become available only after a lag of up to two m...