India’s GDP calculation is getting a sweeping overhaul, with the government announcing major methodological shifts aimed at capturing the economy’s true scale and structure, a move that could reshape fiscal planning and investment strategies ahead of 2026.

The Ministry of Statistics and Programme Implementation (MoSPI) released a discussion paper on Friday detailing a broad revamp of India’s GDP series, set to debut with a 2022–23 base year in February 2026. Key changes include the imputation of government-provided housing, direct GVA estimation for the unincorporated sector, and a sharp pivot to granular, activity-wise corporate data. Advertisement

For the first time, Limited Liability Partnerships (LLPs) will be included in GDP, addressing a long-standing gap in coverage. Multi-activi

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