MoSPI asks states to shift GSDP base year to 2022-23 for better economic data accuracy
- Posted on May 7, 2026
- By Business News Today
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- 1 min read
MoSPI asks states to shift GSDP base year to 2022-23 for better economic data accuracy
The Ministry of Statistics and Programme Implementation has issued new guidelines for calculating Gross State Domestic Product. The base year is now 2022-23, aligning with national GDP revisions. This aims for better accuracy and consistency in regional economic data. States and Union Territories will adopt these new standards.
