28-February-2026
Economy News
 
Sectoral coverage widens, double deflation method brought in
28-Feb-2026

The Ministry of Statistics and Programme Implementation (MoSPI) on Friday said the base year change for GDP computation will help capture evolving economic realities, improve coverage, enhance accuracy, and reduce statistical discrepancies. Among the improvements is the segregation of activities within multi-activity enterprises, allowing for more precise measurement of output in the private corporate sector. Coverage of the unincorporated sector has also been strengthened through regular use of annual survey data, enabling better representation of household enterprises and informal activities, including previously under-represented contributions such as hired domestic workers.

News Source:- https://www.financialexpress.com/policy/economy/sectoral-coverage-widens-double-deflation-method-brought-in/4157339/?ref=hometop_hp