India to Release Revised GDP Data with 2022-23 Base Year on February 27

India is set to release its revised GDP data on February 27, 2026, updating the base year from 2011-12 to 2022-23 to better reflect current economic realities, including digital and informal sectors. The new series incorporates expanded data sources, refined inflation adjustments, and improved deflation methods. Estimates for Q3 FY26 growth vary between 7.2% and 8.1%, with revisions expected for previous quarters. The government will not use UPI transaction data due to instability and categorization issues. These changes aim to enhance accuracy amid evolving economic patterns.