New GDP Series to Boost Farm GVA Share, Correct Underestimated Data

• India's new GDP series, launching Feb 2026, aims to correct underestimated agricultural data, potentially raising the sector's GVA share from 14-15% to 17-18%.
• The revision will use modern tech: satellite-mapping for food grains and refined tech-enabled methods for horticulture, which is currently significantly underestimated.
• Horticulture estimates, traditionally problematic, are now a larger component of farm income and will be better reflected through expanded use of projects like CHAMAN.
• The Ministry of Statistics and Programme Implementation (MoSPI) is revising the GDP base year from 2011-12 to 2022-23, incorporating new datasets like e-Vahan for improved accuracy.
• The Coordinated Programme on Horticulture Assessment and Management (CHAMAN) project, using remote sensing, will expand its yield estimation beyond fruits and vegetables.

Why It Matters: New GDP series will use advanced tech to accurately reflect agriculture's growing contribution to India's economy.