Govt Releases Revised GDP Series | 2022-23 New Base Year Explained LIVE | Indian Economy | LIVE
LIVE: Govt releases new GDP series | Briefing by CEA V Anantha Nageswaram & Secy MoSPI Subhash Garg
The Government of India officially releases the revised Gross Domestic Product (GDP) series with 2022-23 as the new base year, in a press conference addressed by Chief Economic Advisor (CEA) V. Anantha Nageswaram and Secretary, MoSPI, Subhash Garg.
The updated series incorporates enhanced data sources, improved statistical methodologies, and broader sectoral coverage to strengthen the accuracy, transparency, and international comparability of India’s national accounts. Changes are expected in sectoral weights, value-added estimates, and possibly historical growth revisions.
What does this mean for India’s growth narrative, fiscal calculations, and global investor perception? Watch LIVE for the full technical briefing, key highlights, and expert analysis on how the revised GDP series could impact economic policy, markets, and macroeconomic projections.
Why rebasing to 2022-23 is significant
Changes in sectoral weight (Manufacturing, Services, Digital Economy, Informal Sector)
Integration of GST, MCA-21, digital economy datasets
Possible revision in past GDP growth numbers
Impact on fiscal deficit ratio (as % of GDP)
Implications for credit rating agencies and global investors
Comparability with global statistical standards (SNA framework)
#GDP | #IndiaEconomy | #GDPSeries | #MoSPI | #CEA | #EconomicData | #BaseYear2022 | #IndiaGrowth | #StatisticsReform | #FiscalPolicy | #Macroeconomics | #EconomicUpdate | #NationalAccounts
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