**Executive Summary**
The Ministry of Statistics and Programme Implementation (MoSPI) has released a discussion paper on the "Changes in Methodology of Quarterly GDP series and Sub-national Accounts." This is the third discussion paper in a series aimed at apprising users of national accounts data about proposed changes. The new series of National Accounts Statistics with FY 2022-23 as the base year is scheduled to be released on 27th February, 2026. MoSPI invites comments/feedback on the discussion paper, to be shared via email by 5th February, 2026.
**Key Points / Main Content**
* **Revision of National Accounts:**
* MoSPI is revising the base year of national accounts.
* FY 2022-23 has been chosen as the base year for the new series.
* An Advisory Committee on National Account Statistics (ACNAS), chaired by Professor B.N. Goldar, has been formed to advise MoSPI.
* ACNAS will focus on inclusion of new data sources for improved estimates and methodology.
* **Discussion Papers:**
* MoSPI is releasing discussion papers to inform users about proposed changes.
* The first discussion paper, focusing on the production/income approach, was released on 21st November, 2025.
* The second discussion paper, focusing on improvements in GDP compilation from the expenditure approach, was released on 16th December, 2025.
* This third discussion paper focuses on changes in the methodology of Quarterly GDP series and Sub-national Accounts.
* All discussion papers are available on MoSPI's website - https://mospi.gov.in/announcements and www.mospi.gov.in.
* **Feedback Invitation:**
* MoSPI invites comments/feedback from experts, academicians, government bodies, state governments, financial institutions, users of national accounts data, and other stakeholders.
* Feedback can be emailed to ddg4.nad@mospi.gov.in & ddg2.nad@mospi.gov.in by 5th February, 2026.
**Impact Analysis**
**Stakeholders:** Experts, academicians, government bodies, state governments, financial institutions, users of national accounts data, other stakeholders.
**Impact:** They will be impacted by the changes in the methodology of Quarterly GDP series and Sub-national Accounts and can provide feedback.
**Action Required:** They need to review the discussion paper and submit their comments/feedback to MoSPI by 5th February, 2026, via email to ddg4.nad@mospi.gov.in & ddg2.nad@mospi.gov.in.
Key Entities Referenced
Ministry of Statistics and Programme Implementation (MoSPI): Primary ministry responsible for the revision of the base year of national accounts.
National Accounts Statistics: The subject of the discussion paper, focusing on changes in methodology and compilation.
Advisory Committee on National Account Statistics (ACNAS): Committee advising MoSPI on the revision of national accounts.
Discussion Paper: Document released by MoSPI to invite comments/feedback on the changes in Methodology of Quarterly GDP series and Sub-national Accounts.
Ministry of Statistics & Programme Implementation
Release of Discussion Paper on “Changes in
Methodology of Quarterly GDP series and Sub-
national Accounts”
New series of National Accounts Statistics with FY 2022-23
as base year is scheduled to be released on 27th February,
2026.
MoSPI invites comments/ feedback from experts and users
of national accounts data on the discussion paper.
प्रव तथ: 23 JAN 2026 4:43PM by PIB Delhi
Ministry of Statistics and Programme Implementation (MoSPI) is in the process of revising the base year
of national accounts. An Advisory Committee on National Account Statistics (ACNAS) under the
chairmanship of professor B.N. Goldar has been constituted to advise MoSPI, among other things, on
inclusion of new data sources for improving the estimates of National Accounts and the methodology for
compilation and presentation of National Accounts Statistics for purposes of economic analysis and policy
formulation. The Committee has representation from various Central Ministries and Departments, State
Governments, Academia and Research Institutions.
FY 2022-23 has been chosen as the base year of new series and the estimates of new series are scheduled
to be released on 27th February, 2026. With a view to apprise the users of national accounts data about the
proposed changes being in the new series, Ministry has planned to release discussion papers on
compilation of National Accounts Statistics. The first discussion paper on changes in compilation of
aggregates based on production/income approach was released on 21st November, 2025 and the second
discussion paper on the proposed improvements in compilation of GDP from expenditure approach was
released on 16th December, 2025 to seek feedback/suggestions from users. These papers are available on
MoSPI’s website - https://mospi.gov.in/announcements.
This is the third discussion paper which focuses on changes in Methodology of Quarterly GDP series and
Sub-national Accounts. The Discussion paper is available on MoSPI’s website - www.mospi.gov.in.
MoSPI invites comments/ feedback from experts, academicians, government bodies, state governments,
financial institutions, users of national accounts data and other stakeholders on the discussion paper.
Comments/feedback may be shared on the email ID- ddg4.nad@mospi.gov.in &
ddg2.nad@mospi.gov.in by 5th February, 2026.
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