Business
December 02, 2024
2 views 6 mins 0

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

NEW DELHI: A panel with representatives from the Reserve Bank of India (RBI), central and state governments, and academia has been formed to update the base year for calculating Gross Domestic Product (GDP) to 2022-23 from 2011-12, the government informed Parliament on Monday. Minister of state for statistics & programme implementation, Rao Inderjit Singh, said […]