🇮🇳 India Mar 26, 2026

Revised GDP tests devolution fairness

#Revised GDP
Deccan Herald
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Revised GDP tests devolution fairness
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The recent revision of India’s GDP series by the Ministry of Statistics and Programme Implementation (MOSPI), adopting 2022-23 as the new base year, marks one of the most significant methodological upgrades in the country’s national accounts framework in over a decade. While such revisions intend to improve statistical accuracy and better reflect structural changes in the economy, their implications extend beyond measurement. In particular, they assume critical importance given the 16th Finance

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