Gross Domestic Product (GDP) measures the quantum of economic activities in a country, in monetary terms, over a period of time usually one year. Real GDP eliminates the impact of inflation by ...
After more than a decade of questions and debates, India is set to finally get an updated gauge of its GDP, with the Ministry of Statistics and Programme Implementation (MoSPI) set to unveil the new ...
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 ...