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India’s shift to a 2022–23 GDP base year has revised historical economic estimates, prompting debate over the methodology behind the latest 7.8% Q1 growth figure.
India’s shift to a 2022–23 GDP base year has revised historical economic estimates, prompting debate over the methodology behind the latest 7.8% Q1 growth figure.
India’s 7.8 per cent GDP growth in the first quarter of FY2026–27 has sparked debate over the revised GDP series, now based on 2022–23 as the new base year. Economists say changes in earlier-year estimates are an expected consequence of rebasing and revised data sources, not an adjustment made to...
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