Economy & Bankingv8 · 8 versions
New GDP Series (Base Year 2022-23)
India's national accounts now run on a 2022-23 base year, the eighth base-year revision, which replaced the 2011-12 series in February 2026 and was updated on 31 August 2026. Real GDP grew 7.8 percent in April-June 2026 on the new base, and on 9 October the National Statistics Office released a draft method for States to estimate their GDP from the spending side on the same base.
Last updated 9 October 20267 min read
Latest update
Adds the NSO's 9 October draft guideline for States to compile expenditure-side GSDP on the 2022-23 base; no State yet estimates private consumption.
- GDP
- MoSPI
- base year 2022-23
- Q1 FY2026-27
- real GDP growth
- national accounts
- GVA
- double deflation
- GDP base year
- ACNAS
- Proportional Denton
- GSDP
- state accounts
- NSO
- expenditure approach
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