New GDP series projects higher growth rate at 7.6% in FY26, 7.8% in October-December

New Delhi, 26/2: India’s GDP growth estimate has been raised to 7.6 per cent for the current fiscal from 7.4 per cent after the government revised the calculation methodology, including change in base year and adding data from GST and e-Vahan portal.

The Ministry of Statistics and Programme Implementation (MoSPI) on Friday released the New Series of Annual and Quarterly National Accounts Estimates with base year 2022–23, which replaces the previous series with a base year of 2011–12.