On 27 February 2026, the National Statistical Office (NSO) released a new series of GDP estimates, shifting the base year from 2011-12 to which new base year?
2022-23
The base year of the GDP series is periodically revised so that the National Accounts capture new economic activities, updated weights and the latest data sources.
On 27 February 2026, the National Statistical Office (NSO), under the Ministry of Statistics and Programme Implementation, released the new National Accounts series shifting the base year from 2011-12 to 2022-23.
2022-23 was chosen as it is a normal, post-pandemic year with reliable data from surveys such as the Annual Survey of Industries, PLFS and MCA-21 corporate filings.
The Advisory Committee on National Accounts Statistics (ACNAS), chaired by Biswanath Goldar, recommended the revision.
Hence, the answer is 2022-23.
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