Govt issues uniform guideline for measuring states' GDP with revised base year of 2022-23
- Posted on May 7, 2026
- By Business News Today
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- 1 min read
Govt issues uniform guideline for measuring states' GDP with revised base year of 2022-23
The Statistics Ministry has released new guidelines for calculating states' Gross State Domestic Product. The base year for these calculations is now 2022-23. This change ensures all states and Union Territories use a standardized framework. This will allow for better comparison of economic performance across regions. The move aims for greater accuracy and consistency in assessing regional economies.
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