Which year has been proposed as new base year for calculating economic growth data measured in ...........

General Knowledge (judicial) Indian Economy

Which year has been proposed as new base year for calculating economic growth data, measured in terms of GDP (Gross Domestic Product) in February 2026 by the Government recently?

2022-23

2014-15

2020-2021

2023-24

Explanation:

The Statistics Ministry is likely to publish economic growth data, measured in terms of GDP (Gross Domestic Product) with new base year of 2022-23 in February 2026, a senior Government official has said. Similar change in base year are to be made for retail inflation, based on Consumer Price Index and factory output growth, based on Index of Industrial Production.