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Economy News

The Economic Times

Economy / The Economic Times

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New GDP series reflects better data, methods: MoSPI

The Ministry of Statistics and Programme Implementation defends its new GDP series methodology. Double deflation is presented as a methodological improvement for better value addition measurement. Revisions reflect improved data sources and structural changes in the Indian economy. New data sources and administrative datasets are continuously incorporated for better estimates. Future plans include transitioning towards the System of National Accounts 2025 framework.

8 Sep 2026 12:40 am