New Delhi, Nov 22
India is set to undergo a significant economic statistical overhaul as the government announced updation of its GDP estimation framework, adopting 2022–23 as the new base year, an official statement has said.
Inclusion of LLP data and extensive use of Annual Survey of Unincorporated Enterprises (ASUSE) and labour force surveys are expected to improve coverage of services and the hard‑to‑measure activity outside corporate sector.
MoSPI invited feedback from experts, academicians, government bodies and other stakeholders on the discussion paper by December 10, 2025.