Redefining Growth: India's Revised GDP Estimates and the New Measurement Framework

• MoSPI (via the National Statistical Office, NSO) released a new GDP series with base year 2022-23, replacing the older 2011-12 base on 27 February 2026.
• The revision recalibrates India's national accounts to a post-COVID "normal" year and integrates administrative datasets (GST, PFMS, MCA21) with new surveys (ASUSE, PLFS).
• For UPSC, this overlaps GS-III (Indian economy, growth, statistics) and GS-II (governance — credibility of public data systems).