03-September-2026
Economy News
 
GDP revisions result of new, improved indicators, not correction of errors: Govt
02-Sep-2026

Amid the growing debate over the 7.8% first-quarter GDP growth number, the government has clarified that revisions to India’s GDP estimates from 2022-23 onwards are the result of incorporating new and improved economic indicators and should not be seen as a correction of errors in earlier estimates. Some analysts have pointed out that the higher-than-expected GDP growth in the first quarter of FY26 is partly a result of downward revisions to figures for the corresponding quarter of the previous year.

News Source:- https://www.newindianexpress.com/business/2026/Sep/02/gdp-revisions-result-of-new-improved-indicators-not-correction-of-errors-govt