India’s GDP Math Gets a Major Makeover Ahead of 2026 Release

India revamps GDP methodology ahead of 2026 base-year update, with LLPs and multi-activity firms now included.

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India’s GDP Math Gets a Major Makeover Ahead of 2026 Release

India’s GDP Math Gets a Major Makeover Ahead of 2026 Release
The Ministry of Statistics & Programme Implementation has proposed sweeping changes to how India calculates GDP, including direct inclusion of LLPs and multi-activity firms, updated deflators for real estate and services, and revised input-output ratios for sectors like fisheries. 
The new base year (2022-23) is set to roll out in February 2026. Analysts say the overhaul could reshape fiscal-planning metrics, investment flows and the visibility of India’s economic size and structure.
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  • economy
  • india