Revising India’s GDP Base Year and Economic Implications
Syllabus: GS Paper – 3 Growth & Development Why in the News ? India’s National Statistical Office (NSO) has released a revised GDP series with 2022–23 as the base year, […]
A REVISION OF GDP AND ITS IMPLICATIONS
Why in the News? India has released a revised GDP series with 2022–23 as the new base year, replacing the earlier 2011–12 base year series. The revision reduces the estimated […]