Understand the income approach to GDP, where total expenditures equal the income from goods and services in an economy.

The new series of data not only revises the base year for calculation purposes to 2022-23, it also incorporates several vital changes with an aim to give a more accurate measurement of the size of the ...

A recent investment bank research article suggested that generative AI could drive a 7% uptick in global GDP. What if, though, such statements were a kind of category error? What if AI were so ...

India will shift GDP base year to FY23 and adopt price deflators and double deflation to improve accuracy, reflect structural shifts, and align national accounts with global standards ...

India rebases GDP to 2022–23 with methodological upgrades including double deflation and improved informal sector data.

India’s new GDP base revision sharpens economic measurement by using updated data sources like MGT-7 filings, GST data, ASUSE ...

India's new GDP series with base year 2022-23 changes the size, sectoral composition, and expenditure patterns of the economy ...

Criticisms of India’s data and specially the national accounts, which became common after the base change to 2011-12, tend to be of four types. First, those that resist change and loss of ...

As India shifts to 2022-23 as the new base year for measuring GDP, here’s a simple look at the key data concerns raised over ...