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India to Revise GDP Base Year to 2022-23 Why in the News? The Ministry of Statistics has announced that India’s GDP base year will be updated from 2011-12 to 2022-23, with revised data expected by February 2026. This is part of a broader effort to better reflect the evolving economy. Understanding GDP Base Year Revision: …
Read MoreIndia’s GDP Grows at 6.5%, Slowest Post-Pandemic Why in the News? India’s GDP growth for 2024-25 stood at 6.5%, the slowest since the COVID-19 pandemic, despite a strong Q4 growth of 7.4%. The government released provisional estimates highlighting sectoral performance and global comparisons by the Chief Economic Adviser, emphasizing the importance of India GDP growth …
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