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What is the base year for the calculation of GDP in India?2011... | Filo
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Government to bring in new base year for GDP calculation
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GDP Base Year Revised to 2022-23
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India’s GDP grows 6.1% in Q4FY23, full-year growth at 7.2%
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NSO, MoSPI is revising the base year for Gross Domestic Product (GDP) from 2011-12 to 2022-23. First official estimate of National Income was published in 1956 by the Central Statistics Office (CSO) with a 1948-49 series. The base year for GDP and other parameters in National Accounts Statistics (NAS) has been revised periodically to accurately reflect our evolving economy. From the first revision in the year 1967 (to a 1960-61 base year) to the current 2011-12 series released in 2015, these rev
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