Govt to revise GDP base to FY23 to reflect economic changes: FM Sitharaman | India News
Finance minister Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman Wednesday said that govt is moving to update the base year for calculating GDP to 2022-23 instead of 2010-11 and dismissed concerns over an IMF report’s reference to India’s data quality.The new base, which will also come with a revised basket to goods and services,…