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 ...

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's new GDP series, adopting double deflation and 600 price indicators, enhances accuracy in economic growth estimates.

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.

With the shift to a new base year, economists are watching closely to see whether India’s GDP growth will continue to hover ...

The GDP revision improves measurement, says former chief statistician Pronab Sen, but raises questions on double deflation, consumption surge and fiscal maths ...