India’s New GDP Series: A Game-Changer for Accurate Economic Growth Measurement
India is set to introduce a new GDP series with 2022-23 as the base year, replacing the previous 2011-12 series. This change aims to provide a more accurate representation of the economy by incorporating recent structural shifts, including digitalisation, formalisation, and evolving consumption trends. The updated methodology includes better price deflators, improved sectoral measurements, and […]







