According to the existing GDP series, India’s economy, which is among the fastest-growing major economies globally, is projected to record growth of 7.4 per cent in 2025–26, compared with an expansion ...
India's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.
As India shifts to 2022-23 as the new base year for measuring GDP, here’s a simple look at the key data concerns raised over ...
The new series of data not only revises the base year for calculation purposes to 2022-23, it also incorporates several vital changes with an aim to give a more accurate measurement of the size of the ...
The latest GDP series will also see major changes, the most crucial of which will be how nominal GDP is adjusted for price changes to arrive at real GDP. According to economists, India’s real GDP ...