India’s new series of Annual & Quarterly National Accounts Estimates has been released with base year 2022–23, replacing the old 2011–12 series.

• India’s new series of Annual & Quarterly National Accounts Estimates has been released with base year 2022–23, replacing the old 2011–12 series. 

• The new base year better reflects the current structure of India’s economy after COVID by incorporating improved and comprehensive data sources. 

• This revision uses updated indicators such as GST (Goods and Services Tax) data, PFMS (Public Financial Management System), e-Vahan vehicle data, and detailed surveys, enhancing accuracy and relevance. 

• Quarterly GDP estimates from Q1 of FY 2022–23 to Q3 of FY 2025–26 have been released under the new series, showing India’s resilient economic growth trajectory. 

• Under the new series, India’s real GDP growth for Q3 FY 2025–26 is around 7.8%, indicating continued strong momentum in manufacturing, services and consumption. 

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