RBI Governor Welcomes MoSPI's Base Year Revision of Key Macroeconomic Indicators

Reserve Bank of India Governor Sanjay Malhotra welcomed the Ministry of Statistics and Programme Implementation's upcoming revision of the base years for key macroeconomic indicators, including the Consumer Price Index (CPI), Gross Domestic Product (GDP), and Index of Industrial Production (IIP), effective February 2026. He noted that the revision updates methods, weights, and data sources to better reflect changing consumption patterns and the evolving Indian economy, supporting more calibrated monetary policies and improved economic growth.