New Delhi, February 27 Trimming the Indian economy by approximately Rs 12 lakh crore in the current financial year, following a revamp of the GDP calculation framework, may push the fiscal deficit higher, experts said.The Ministry of Statistics and Programme Implementation (MoSPI) released the...
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February 27, New Delhi – India's Ministry of Statistics and Programme Implementation has released a new series of Annual and Quarterly National Accounts Estimates, with a base year of 2022–23, replacing the previous 2011–12 series.The announcement was made at a press conference in New Delhi on...
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New Delhi, February 27 – India's GDP growth estimate has been revised to 7.6% for the current fiscal year from 7.4%, following a government revision of the calculation methodology, including changes in the base year and incorporating data from the GST and e-Vahan portals, to better reflect...
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New Delhi, February 27 – As India moves towards deeper integration in global value chains, regular updates to the base year – currently updated every five years – reflect the government's commitment to data-driven policy interventions in response to shocks in the global economy, economists said...
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Chief Minister Conrad K. Sangma stated on Monday that Meghalaya has emerged as the second fastest-growing economy in the country, with a real GDP growth rate of 9.66 percent, as highlighted in the Governor's Address.Responding to the general discussion during the ongoing budget session, Sangma...
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