Mumbai, Jan. 28 -- Government noted in a latest update that base year for Gross Domestic Product or GDP estimates being revised to 2022-23 to reflect new economic structures. CPI base year is revised to 2024, updating the consumption basket and weights for both rural and urban households. IIP is being revised to 2022-23, aligned with the new national accounts series. Informal sector measurement has improved with quarterly QBUSE bulletins. District-level estimation has become a core design feature across PLFS, ASUSE, and NSS surveys. Public access to official data has been expanded through GoIStats, e-Sankhyiki, and the revamped Microdata Portal, supporting transparency and data reuse.

Periodic base year updates ensure that GDP and other ...