India will release a new GDP series on February 27, 2026, incorporating expanded datasets, granular price deflation, and upgraded statistical methods. The overhaul aims to better reflect the economy’s complexity, covering services, MSMEs, agriculture, construction, and manufacturing, while addressing concerns about accuracy in real GDP measurement.
India is set to unveil a modernized GDP and GVA dataset, marking its most significant statistical upgrade in recent years. According to The Hindu, Reuters (U.S. News), and Outlook Business, the revised national accounts series integrates new data sources, improved deflators, and sectoral coverage, ensuring more precise measurement of economic activity.
The overhaul includes a new base year, expanded coverage of micro, small, and medium enterprises (MSMEs), and refined methods for services and construction sectors. Officials emphasize that the changes will enhance transparency and credibility, aligning India’s GDP measurement with global best practices.
Economists believe the upgrade will provide policymakers with more reliable insights for fiscal planning, while investors gain a clearer picture of India’s growth trajectory.
Major Takeaways
-
New GDP series to be released February 27, 2026
-
Incorporates expanded datasets and granular price deflation
-
Covers MSMEs, services, agriculture, construction, and manufacturing
-
Introduces new base year for national accounts
-
Enhances accuracy of real GDP and GVA measurement
-
Aligns India’s statistical framework with global standards
Conclusion
India’s GDP data overhaul represents a milestone in economic measurement, offering a more accurate and comprehensive view of growth. By integrating diverse data sources and modern methods, the new series strengthens policymaking, investment decisions, and India’s credibility in global economic analysis.
Sources: The Hindu, U.S. News (Reuters), Outlook Business