24-September-2026
Economy News
 
New data, surveys reduce reliance on old GDP benchmarks: MoSPI
23-Sep-2026

A new document released by the Ministry of Statistics and Programme Implementation (MoSPI) on Monday provided a deeper look into India’s new GDP series, clarifying some issues raised by certain circles about the series, the computation of national income, and data sources. The paper– ‘Sources and Methods for Compilation of National Accounts Statistics’ — sought to dispel doubts about the double deflation method, and listed items being measured for the first time. After April-June GDP growth came in higher than expected at 7.8%, critics quickly pointed out several issues with the print and the underlying data.

News Source:- https://www.financialexpress.com/policy/economy-new-data-surveys-reduce-relianceonold-gdp-benchmarks-mospi-4344992/?ref=economy_hp