Ministry of Statistics and Programme Implementation has revised base year of Gross Domestic Product from 2011-12 to 2022-23 https://www.taxtmi.com/news?id=71571 Revision of the GDP base year to 2022-23 integrates new data sources, NIC-2025 classification, and methodological improvements to improve national accounts measurement; the IIP series and price indices have been modernized (CAPI for CPI and secure online WPI transmission) and a nowcasting framework using high-frequency indicators and data dashboards provides near real-time assessments of economic activity for policy support. en-us Mon, 16 Mar 2026 16:18:18 +0530 Mon, 16 Mar 2026 16:18:17 +0530 TaxTMI RSS Generator Ministry of Statistics and Programme Implementation has revised base year of Gross Domestic Product from 2011-12 to 2022-23 https://www.taxtmi.com/news?id=71571 Revision of the GDP base year to 2022-23 integrates new data sources, NIC-2025 classification, and methodological improvements to improve national accounts measurement; the IIP series and price indices have been modernized (CAPI for CPI and secure online WPI transmission) and a nowcasting framework using high-frequency indicators and data dashboards provides near real-time assessments of economic activity for policy support. News - Mon, 16 Mar 2026 16:18:18 +0530 https://www.taxtmi.com/news?id=71571