Decoding India’s GDP base revision
‘With the recent base revision of GDP, across the three years for which both series overlap, India’s nominal GDP was revised down by about 2.7% in 2022-23, 3.5% in 2023-24 and 3.8% during 2024-25’ | Photo Credit: Getty Images/iStockphoto Changing the GDP base year is not just about changing how we calculate economic growth. It…