Centre decides to shift GDP base year to 2022-23 from 2011-12, forms panel: Why it matters

A panel comprising RBI representatives, central and state government officials, and academia experts has been formed to update the base year for GDP calculation to 2022-23 from 2011-12. The panel, chaired by Biswanath Goldar, aims to complete the revision by early 2026.

Dec 2, 2024 - 18:30

Centre decides to shift GDP base year to 2022-23 from 2011-12, forms panel: Why it matters

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A panel comprising RBI representatives, central and state government officials, and academia experts has been formed to update the base year for GDP calculation to 2022-23 from 2011-12. The panel, chaired by Biswanath Goldar, aims to complete the revision by early 2026.