Discover why GDP is crucial for measuring economic health and growth. Learn how it guides policymakers, investors, and ...
The new series of data not only revises the base year for calculation purposes to 2022-23, it also incorporates several vital changes with an aim to give a more accurate measurement of the size of the ...
India will shift GDP base year to FY23 and adopt price deflators and double deflation to improve accuracy, reflect structural shifts, and align national accounts with global standards ...
India will release its rebased GDP series with 2022–23 as the base year, incorporating digital services, gig economy data, ...
India’s new GDP base revision sharpens economic measurement by using updated data sources like MGT-7 filings, GST data, ASUSE and PLFS. It improves sectoral and regional allocation, expands double ...
Gross Domestic Product or GDP, is a way to measure the size and health of a country’s economy, more like a report card for a nation, it tells us how much the country is producing in terms of goods and ...
The latest GDP series will also see major changes, the most crucial of which will be how nominal GDP is adjusted for price changes to arrive at real GDP. According to economists, India’s real GDP ...
Discover why real GDP offers a more accurate picture of economic growth by adjusting for inflation and when nominal GDP might be more useful for short-term analysis.
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