GDP Base Revision Expected to Boost FY26 Growth; Historical Trends Show Upward Bias
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GDP Base Revision May Boost FY26 Growth; History Shows Upward Bias
M
Moneycontrol•24-02-2026, 15:17
GDP Base Revision May Boost FY26 Growth; History Shows Upward Bias
•India's FY26 economic growth could see an upward revision with the new 2022-23 base year GDP data release.
•Advance estimates for FY26 growth were 7.4% using the older 2011-12 base year; new estimates on Feb 27 will incorporate updated methodologies.
•Historical data indicates base-year revisions often lead to stronger reported growth, especially with expanded statistical coverage.
•The last major revision (2011-12 base) significantly reshaped growth, with FY14 seeing a nearly 1.9 percentage point upward revision.
•The upcoming 2022-23 base shift is expected to better capture new sectors like the digital economy, potentially pushing FY26 real growth to 7.6% or higher.