Search For "base year revision"
Base year revision captures structural changes in Indian economy: Experts
Updated : 2 weeks ago IST
India's latest base year revision of national accounts has led to an upward adjustment in GDP growth estimates for 2025-26, with analysts seeing it as analytically significant given that it captures structural changes in the economy and incorporates new data sources.
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Base year revision to support policy formulation, boost data accuracy: Sta
Updated : 2 weeks ago IST
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.
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Base year switch boosts 2025-26 GDP estimate to 7.6%
Updated : 2 weeks ago IST
India's latest base year revision of national accounts has led to an upward adjustment in GDP growth estimates for 2025-26. The government said that the use of annual surveys for household sector estimates and change in method of deflation improved the GDP estimates.
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India GDP to grow 7.6% in 2025-26, government estimates after base year re
Updated : 2 weeks ago IST
India's real GDP is estimated to grow by 7.6 per cent in the current financial year 2025-26, Ministry of Statistics and Programme Implementation (MoSPI) estimates showed Thursday.
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CPI base year revision to help monetary, fiscal policy decision making: CE
Updated : 4 weeks, 1 day ago IST
Chief Economic Advisor Anantha Nageswaran on Thursday said that the Consumer Price Index, based on the revised base year, will improve the quality of monetary and fiscal policy decisions.
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India progressed on fiscal consolidation, however concerns remain at certa
Updated : 1 month, 1 week ago IST
"Our deficit has only fallen with time, so there is consolidation. However, there is some degree of concern when it comes to the state deficits. There is a need to look at why some states are moving away from the Fiscal Responsibility and Budget Management (FRBM) or the kind of gains they ha
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Revision of base year to improve accuracy, support AI use: MoSPI Secretary
Updated : 1 month, 1 week ago IST
"For AI and ML, data is the key raw material. It is therefore essential that data is harmonised so that it can be effectively used by AI systems," he said. Internally, MoSPI is already using artificial intelligence to improve the accuracy of data enumeration and to speed up decision-making p
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CPI base year revision may push overall inflation up by 20-30 bps: SBI rep
Updated : 1 month, 1 week ago IST
After the revision of the Consumer Price Index (CPI) base year, overall CPI inflation is expected to rise marginally by 20-30 basis points (bps), according to a report by SBI Ecowrap.
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Base year revision of key indicators to support better-calibrated monetary
Updated : 1 month, 3 weeks ago IST
Reserve Bank of India (RBI) Governor Sanjay Malhotra, has welcomed National Statistical Office (NSO) under Ministry of Statistics and Programme Implementation's (MoSPI) base year revision of key economic indicators -- Consumer Price Index (CPI), Gross Domestic Product (GDP), and Index of Ind
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India's FY26 GDP growth may exceed NSO estimate after base year revision:
Updated : 2 months ago IST
The domestic GDP growth for FY26 is likely to be higher than the National Statistical Office's (NSO) current estimate once the government releases the new base year, highlighted a report by State Bank of India (SBI).
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Base Year revision aims to capture digital economy, new data sources: MoSP
Updated : 2 months, 2 weeks ago IST
The government is undertaking a revision of the base year for national accounts to better reflect structural changes in the economy, evolving consumption patterns, and the rapid expansion of the digital economy over the past decade, Saurabh Garg, Secretary, Ministry of Statistics and Progr
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RBI to study SEBI proposal on banks' foray into non-Agri derivatives: Gove
Updated : 3 months, 1 week ago IST
Reserve Bank of India Governor Sanjay Malhotra on Friday said the central bank will study the pros and cons of the markets regulator Securities and Exchange Board of India's (SEBI) proposal that observed that the banks be allowed to foray into non-agricultural derivatives.
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