Why have India’s statistical databases been upgraded? | Explained
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Summary
What key economic indicators have been revised? Why was an overhaul of the databases necessary? What changes were made to the national accounts and GDP estimates? How has the measurement of industrial output been improved? What changes have been made to India’s inflation indicators?
Key Facts
Type Policy
Source The Hindu - Business
Published Sunday, 21 June 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
500 GW non-fossil fuel capacity target by 2030
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right