MoSPI Releases Methodology Behind New GDP Series Base Year 2022-23
India, Sept. 22 -- The Ministry of Statistics and Programme Implementation (MoSPI) has released a consolidated publication explaining the data sources, methodologies and compilation practices adopted for India's new National Accounts Statistics series with base year 2022-23. The document brings together the statistical framework used to estimate major macroeconomic indicators, including GDP, national income, consumption, investment and savings.
A major focus of the new framework is the modernisation of estimation methodologies across the corporate, financial, government and household sectors. For the Non-Financial Private Corporate sector, MoSPI has expanded the use of corporate filings, LLP records and company-level information to impr...
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