Revised GDP Series Scheduled for 2026
The Ministry of Statistics and Programme Implementation (MoSPI) is set to release a revised gross domestic product (GDP) series in 2026. This revision aims to incorporate new and real-time data sources for enhanced accuracy.
Incorporation of New Data Sources
- eGram Swaraj:
A portal by the Ministry of Panchayati Raj that includes panchayat profiles, budget monitoring, and progress tracking on the utilisation of central and state schemes. - E-Vahan:
A dashboard from the road transport and highways ministry providing comprehensive data on vehicle registrations, categorized by fuel type and states. This data will replace the current reliance on data from the Society of Indian Automobile Manufacturers (SIAM). - GST and PFMS:
Data from Goods and Service Tax (GST) and Public Finance Management System (PFMS) will also be incorporated.
Implementation Timeline
- Release Date:
The revised GDP series is scheduled for release in February 2026, coinciding with the publication of the first revised estimate of 2024-25.
New Base Year
- 2022-23:
The Advisory Committee on National Account Statistics (ACNAS) has decided on 2022-23 as the new base year for the GDP series.
Objective and Outreach
- The statistics ministry aims to enhance the use of administrative statistics and is reaching out to various ministries for sourcing new data that could be utilized either directly or indirectly in the revised series.
