"MOSPI Establishes Panel to Revise India's GDP Calculation Base Year"

Economy Business

The Ministry of Statistics and Programme Implementation (MOSPI) has formed a panel to revise the base year for calculating India's GDP. This initiative aims to update the methodology and ensure accuracy in economic assessments. The revision is crucial for aligning with current economic realities and improving the reliability of national economic data used for policy formulation and planning.


      The committee, per a gazette notification, advises on compiling National Accounts Statistics, emphasizing seasonal adjustment of quarterly accounts and promoting related research.

     

     

 

     


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