**Executive Summary**
The Ministry of Statistics and Programme Implementation (MoSPI) has released a discussion paper on methodological improvements in compiling national accounts aggregates using the expenditure approach. This paper is part of a series aiming to apprise users of the proposed changes in the new series of National Accounts Statistics, with FY 2022-23 as the base year, scheduled for release on February 27th, 2026. MoSPI invites feedback on the discussion paper by January 7th, 2026.
**Key Points / Main Content**
* **Base Year Revision and Release Date:**
* FY 2022-23 is chosen as the new base year for the new series of National Accounts Statistics.
* The estimates of the new series are scheduled to be released on February 27th, 2026.
* **Discussion Papers:**
* The ministry planned to release discussion papers on compilation of National Accounts Statistics.
* The first discussion paper was released on November 21st, 2025, focusing on changes in compilation aggregates based on production/income approach.
* The second discussion paper seeks feedback on proposed improvements in GDP compilation from an expenditure approach.
* **Feedback and Comments:**
* MoSPI invites comments/ feedback from experts and users of national accounts data on the discussion paper.
* Feedback can be shared via email (ddg3.nad@mospi.gov.in) by January 7th, 2026.
* Users can access these discussion papers on the MoSPI website or via the MoSPI's Twitter handle.
* **Pre-Release Consultative Workshop:**
* A workshop on the base revision of CPI, GDP, and IIP will be held on December 23rd, 2025, in New Delhi.
* Users can register to attend the workshop via a provided link.
* **Advisory Committee:**
* An Advisory Committee on National Account Statistics (ACNAS) has been formed to advise MoSPI.
* The committee will advise on including new data sources for improving estimates of National Accounts and methodology for compilation and presentation.
**Impact Analysis**
**Stakeholders:** Experts, Academicians, Government Bodies, State Governments, Financial Institutions, Users of National Accounts Data
**Impact**
These stakeholders are expected to review the discussion paper and provide feedback on the proposed methodological improvements.
**Action Required**
These stakeholders are required to review the discussion paper and submit comments/feedback to ddg3.nad@mospi.gov.in by January 7th, 2026. They also have the option to attend the workshop and discuss it.
Key Entities Referenced
Ministry of Statistics and Programme Implementation (MoSPI): The primary entity responsible for revising the base year of national accounts and releasing the discussion paper.
National Accounts Statistics: The subject of the revision and improvements being discussed.
Advisory Committee on National Account Statistics (ACNAS): Committee constituted to advise MoSPI on the revision of National Accounts Statistics.
Discussion Paper on "Methodological Improvements in Compilation of National Accounts Aggregates Using Expenditure Approach": The main document released by MoSPI for public feedback.
New Delhi: Location of the Pre-Release Consultative Workshop.
Ministry of Statistics & Programme Implementation
Release of Discussion Paper on “Methodological
Improvements in Compilation of National
Accounts Aggregates Using Expenditure
Approach”
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: 16 DEC 2025 4:00PM 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 to seek
feedback/suggestions from users which can be accessed on MoSPI website (www.mospi.gov.in/latest-
releases). This is the second discussion paper seeking feedback/suggestion from users on the proposed
improvements in compilation of GDP from expenditure approach. This paper is available on MoSPI’s
website - https://mospi.gov.in/announcements. The paper can also be accessed using the MoSPI X
(formarly Twitter) handle (@GoIStats) https://x.com/GoIStats .
A “Pre-Release Consultative Workshop on the Base Revision of the Consumer Price Index (CPI), Gross
Domestic Product (GDP), and Index of Industrial Production (IIP)” on 23th December 2025 at Bharat
Mandapam, Pragati Maidan, New Delhi to discuss the proposed improvement. The users can fill in the
registration form to attend the workshop at
https://docs.google.com/forms/d/e/1FAIpQLSfTm0vzM5lTWm4AGzJt5rxdJtJ6rlEtEiWNEHO57GIv_Xo
MAg/viewform?usp=header .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- ddg3.nad@mospi.gov.in by 7th January, 2026.
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Samrat
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