Economy
India's new GDP series: GST, corporate data drive new methodology
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The Ministry of Statistics and Programme Implementation (MoSPI) has released the 'Sources and Methods for Compilation of National Accounts Statistics' report, detailing the methodology for India's new GDP series. The new series shifts the base year from 2011-12 to 2022-23 and utilizes comprehensive corporate and unorganized sector data to improve the accuracy of macroeconomic estimates.
Source: Economic TimesRead the full story →