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New GDP series
New GDP series
To track India’s household consumption patterns at a more granular level, the National Statistics Office is likely to introduce new categories under the upcoming gross domestic product (GDP) series, with 2022-23 as the new base year, according to a report of the sub-committee on methodological improvements for GDP released on Wednesday.
India's Q3FY26 GDP growth slows to 7.8% from 8.4% in Q2 on new series
FY26 GDP growth comes in at 7.6% on new series; Q3FY26 growth at 7.8%
 "New GDP series")
India's growth may outpace current estimates after GDP data overhaul
Earlier this month, the government revised its inflation series to better capture shifting spending patterns in the world's fastest-growing major economy
Updated On : 27 Feb 2026 | 9:40 AM IST "New GDP series")
A beginner's guide to GDP estimates ahead of the release of new series
What is GDP, how is it calculated, and why do estimates matter? A simple guide to GDP, GSDP, nominal vs real growth and India's new base year
Updated On : 26 Feb 2026 | 11:28 PM IST "New GDP series")
What shifts beyond the base under India's new GDP series overhaul
A key pillar of the new series is the improved measurement of the household and informal sectors that account for a significant share of output and employment
Updated On : 26 Feb 2026 | 11:36 PM IST "New GDP series")
Latest Updates on New GDP series
Maharashtra's economy projected to grow 7.9% in 2025-26: Economic Survey
Maharashtra's economy is expected to grow at 7.9 per cent in 2025-26, slightly higher than the projected 7.4 per cent growth of the national economy, according to the government's pre-budget Economic Survey tabled in the state assembly on Thursday. The survey said the state's nominal Gross State Domestic Product (GSDP) is estimated at Rs 51 lakh crore, while real GSDP at constant prices is projected at Rs 28.82 lakh crore in 2025-26. The services sector remains the biggest driver of the state economy, accounting for nearly 60 per cent of the total Gross State Value Added (GSVA). The sector is expected to grow around 9 per cent in 2025-26, led by financial, real estate and professional services, it said. The survey projected industry sector growth at 5.7 per cent and agriculture and allied activities at 3.4 per cent during the year. For 2024-25, the survey estimated the state's nominal GSDP at Rs 46.22 lakh crore, with real GSDP growth pegged at 7.3 per cent over the previous year.
 "Maharashtra's economy projected to grow 7.9% in 2025-26: Economic Survey")
Productive capital, inclusion key to next growth phase: RBI Dy Guv
RBI Deputy Governor Swaminathan J says India's path to Viksit Bharat@2047 depends on productive capital allocation, meaningful financial inclusion and strong customer protection
 "Productive capital, inclusion key to next growth phase: RBI Dy Guv")
India's CAD widens to ₹13.2 billion in Q3 on higher trade deficit: RBI
The current account deficit stood at $11.3 billion, or 1.1 per cent of GDP, in the corresponding quarter of 2024-25
 "India's CAD widens to ₹13.2 billion in Q3 on higher trade deficit: RBI")
Best of BS Opinion: New GDP series welcome, but more needs to be done
A new GDP base year, US-Israel strikes on Iran, India's urban planning crisis, and artificial intelligence's impact on the IT sector dominate today's Opinion page
 "Best of BS Opinion: New GDP series welcome, but more needs to be done")
A new beginning: New GDP series has improved the scope of estimation
Several elements have been introduced in the new series. For instance, the functions of multi-activity enterprises have been segregated, which will provide a clearer picture
India's new GDP series: Shaping key decisions in a data-driven era
The significance of these figures becomes even more striking when viewed against the backdrop of numerous methodological changes and use of new data sources in the base revision exercise
 "India's new GDP series: Shaping key decisions in a data-driven era")
India revises GDP methodology | Pronab Sen explains what it means
India revises GDP methodology | Pronab Sen explains what it means
 "India revises GDP methodology | Pronab Sen explains what it means")
Explained: How India’s new GDP series will alter growth estimation | GDP growth numbers | Economy
India is set to release a revised GDP series with FY23 as the new base year, replacing 2011-12.
 "Explained: How India’s new GDP series will alter growth estimation | GDP growth numbers | Economy")
GDP growth projection for FY27 revised to 7-7.4% as per new series: CEA
Economy continues to maintain strong growth momentum, supported by broad-based activities, says CEA Nageswaran
 "GDP growth projection for FY27 revised to 7-7.4% as per new series: CEA")
India must build materials, tech capability to scale manufacturing: Experts
India’s manufacturing sector, which currently accounts for about 17 per cent of gross domestic product (GDP)
 "India must build materials, tech capability to scale manufacturing: Experts")
New GDP series: How revisions in FY2011-12 rewrote high-growth years
Under 2004-05 series, India recorded 3 straight yrs of 9%-plus growth
 "New GDP series: How revisions in FY2011-12 rewrote high-growth years")
Datanomics: FY05 vs FY12 GDP series - Industry share rose, services fell
New 2022-23 GDP base may not change sector shares unless methodology is revised, as past shifts show sharp impact of statistical tweaks
 "Datanomics: FY05 vs FY12 GDP series - Industry share rose, services fell")
On the right track: Asset monetisation will boost efficiency and growth
Given fiscal constraints and the need to lower the debt-to-GDP ratio, the Union finance ministry sees reviving asset monetisation as key to sustaining growth momentum
 "On the right track: Asset monetisation will boost efficiency and growth")
Govt overhauls GDP data using granular CPI, WPI data to improve accuracy
Under previous methods, low nominal GDP growth alongside low wholesale inflation created discrepancies by translating into higher real growth rates
 "Govt overhauls GDP data using granular CPI, WPI data to improve accuracy")
Clean Max Enviro IPO opens today: Check GMP, price band, key dates, review
Clean Max Enviro has set the price band for the issue in the range of ₹1,000 to ₹1,053 per share, with a lot size of 14 shares
 "Clean Max Enviro IPO opens today: Check GMP, price band, key dates, review")
Old WPI, new GDP base year series: Economists split on the impact
As India shifts its GDP base year to 2022-23, economists are divided on whether the unrevised WPI base will distort real growth estimates, even as CPI has been updated to 2024
 "Old WPI, new GDP base year series: Economists split on the impact")