New GDP Series changes size and structure of Indian economy, with India's latest national accounts revision altering estimates of the economy's size, sectoral composition and expenditure patterns while improving statistical measurement of economic activity according to the Finance Ministry's
Economists and industry leaders have termed India's 7.8 per cent GDP growth in the October-December 2025 quarter (Q3 FY26) as a sign of sustained economic momentum, even as the pace moderated from 8.4 per cent in Q2 FY26 under the new 2022-23 base year series.
The revision of the base year for national accounts to 2022-23 will significantly strengthen policy formulation by providing more accurate and granular economic data, Statistics Secretary Saurabh Garg said.
The North East Special Infrastructure Development Scheme (NESIDS) under the Ministry of Development of North Eastern Region (MDoNER) was approved as a new Central Sector Scheme in 2017-18 and restructured into two components, viz. NESIDS (Roads) and NESIDS (Other Than Roads Infrastructure
In 2022-23, by January 13, 97.67 LMT of paddy was purchased from 2,214,302 farmers, and Rs 20,022 crore was paid. Against all these benchmarks, 2025-26 has surpassed every previous year, both in the quantity procured and in the total amount paid to farmers.
Ind-Ra sees potential for FY27 growth to outstrip predictions, particularly with a swift Indo-US trade deal and a favorable Indian Ocean Dipole mitigating El Nino impacts. Conversely, a weaker-than-expected revival in demand could temper growth. Upcoming changes to the base year for GDP a
The Comptroller and Auditor General (CAG) of India K Sanjay Murthy, released the second edition of the Publication on State Finances 2023-24 here today. Building on the first edition (2022-23), this publication presents a consolidated, audited overview of the finances of all 28 States, wh
New Delhi [India], December 22: India's avocado story has transformed dramatically over the past decade, evolving from a niche health-food trend into a rapidly expanding mainstream category. Import data from the Ministry of Commerce (DGCIS) clearly highlights this surge. In 2016-17, India im
Financial irregularities amounting to billions of rupees have been detected in Pakistan's local government institutions across the southern region of the Punjab Province, The Express Tribune reported, citing the Auditor General of Pakistan's audit report for the financial year 2022-23, relea
"Revanth ruined Telangana, Congress failed Telangana! Telangana, which once topped the revenue growth charts during the BRS regime, is now heading in a negative direction According to the CAG, Telangana's revenue receipts grew by 220% between 2014 and 2023. (From Rs. 49,779 crore in 2014-
Finance Minister Nirmala Sitharaman on Wednesday hit back at the Congress leaders who took a jibe at the government over the IMF's annual review of India's national accounts statistics giving the data Grade 'C' and asserted that the IMF report does not question the growth figures. She sai
According to a release from the Chief Minister's Office (CMO), in this regard, Chief Minister Pushkar Singh Dhami has directed that the pending state assistance for beneficiary farmers under Mission Apple (operated from 2016-17 to 2022-23) and the Ultra-High Density Apple Plantation Schem