India to Revise GDP with 2022–23 as New Base Year
India will release revised Gross Domestic Product (GDP) data on February 27, shifting the base year from 2011–12 to 2022–23. The update aims to better reflect structural changes in the economy, including the rise of digital services, expansion of renewable energy, shifts in consumption patterns, and post-pandemic recovery trends. As per official sources and government … Read more