New DelhiIndia shrank last year’s economic base by 7%.
A smaller base year makes growth look stronger without a rupee of new output.
The statistics ministry revised the base year from 2011-12 to 2022-23, changing prior estimates too.
Q1 figures won’t be finalized until February 2029, after further rounds of revision.
How each outlet framed it
drawn from 60+ reports worldwide
- Goodreturns
- questions GDP base-year revision reducing FY25 nominal GDP from Rs 86.05 lakh crore to Rs 80 lakh crore, inflating growth appearance
- Zee News
Sources: Goodreturns, Zee News