The Ministry of Statistics and Programme Implementation (MoSPI) on Friday released the New Series of Annual and Quarterly National Accounts Estimates with the base year 2022–23. It replaces the previous series with a base year of 2011–12.
Indian economy is estimated to grow at 7.6 per cent during FY 26 at the new base year of 2022-23, Statistics Ministry reported on Friday. For the October-December quarter of current fiscal, the growth rate is 7.8 per cent.
The Ministry has revised the base year to 2022-23 from 2011-12.
Here are the highlights:
– Real GDP or GDP at Constant Prices is estimated to attain a level of ₹322.58 lakh crore in the FY 2025-26, against the First Revised Estimate (FRE) of GDP for the year 2024-25 of ₹299.89 lakh crore.
– The growth rate in Real GDP during 2025-26 is estimated at 7.6 per cent as compared to 7.1 per cent in 2024-25.
– Nominal GDP or GDP at Current Prices is estimated to attain a level of ₹345.47 lakh crore in the year 2025-26, against ₹318.07 lakh crore in 2024-25, showing a growth rate of 8.6 per cent.
– Real GVA is estimated at ₹294.40 lakh crore in the year 2025-26, against ₹273.36 lakh crore in FY 2024-25, registering a growth rate of 7.7 per cent as compared to 7.3 per cent growth rate in 2024-25.
– Nominal GVA is estimated to attain a level of ₹313.61 lakh crore during FY 2025-26, against ₹288.54 lakh crore in 2024-25, showing a growth rate of 8.7 per cent.
– Real GDP or GDP at Constant Prices in Q3 of FY 2025-26 is estimated at ₹84.54 lakh crore, against ₹78.41 lakh crore in Q3 of FY 2024-25, showing a growth rate of 7.8 per cent.
– Nominal GDP or GDP at Current Prices in Q3 of FY 2025-26 is estimated at ₹90.91 lakh crore, against ₹83.46 lakh crore in Q3 of FY 2024-25, showing a growth rate of 8.9 per cent.
– Real GVA in Q3 of FY 2025-26 is estimated at ₹77.38 lakh crore, against ₹71.77 lakh crore in Q3 of FY 2024-25, showing a growth rate of 7.8 per cent. Nominal GVA in Q3 of FY 2025-26 is estimated at ₹82.58 lakh crore, against ₹76.35 lakh crore in Q3 of FY 2024-25, showing a growth rate of 8.2 per cent.
Published on February 27, 2026