The Ministry of Statistics and Programme Implementation (MoSPI) is revising the base year of national accounts. A new series of national accounts with FY 2022-23 as the base year is scheduled for release on February 27th, 2026. To apprise users, MoSPI is releasing discussion papers, the first focusing on changes in compilation of aggregates using production/income approach. The paper is available on the MoSPI website: www.mospi.gov.in. MoSPI is seeking comments and feedback on the discussion paper from experts, academicians, government bodies, state governments, financial institutions, and other stakeholders. Comments/feedback may be shared via email at ddg1.nad@mospi.gov.in by December 10th, 2025. An Advisory Committee on National Account Statistics (ACNAS), chaired by Professor B.N. Goldar, advises MoSPI on improvements to National Accounts. The Committee includes representatives from Central Ministries, State Governments, Academia, and Research Institutions.
Key Entities Referenced
Ministry of Statistics and Programme Implementation (MoSPI): Primary agency responsible for revising the base year of national accounts and releasing the discussion paper.
Discussion Paper on "Methodological Improvements in Compilation of National Accounts Aggregates Using Production/ Income Approach": Document outlining methodological changes in compiling national accounts aggregates using the production/income approach.
Advisory Committee on National Account Statistics (ACNAS): Committee advising MoSPI on improving national account statistics.
National Accounts: Focus of the methodological improvements and the discussion paper, impacting economic analysis and policy formulation.
Ministry of Statistics & Programme Implementation
Release of Discussion Paper on
“Methodological Improvements in Compilation
of National Accounts Aggregates Using
Production/ Income Approach”
New series of national accounts 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
Posted On: 21 NOV 2025 5:39PM 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 changes being made in the new series, Ministry has planned to release a couple of
discussion papers on national accounts. This is the first discussion paper which focuses on changes in
compilation of aggregates (using production/income approach) in both nominal and real terms. The
Discussion paper is available on MoSPI’s website - www.mospi.gov.in . The next discussion paper is
expected to cover methodological changes in compilation of aggregates using expenditure approach.
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- ddg1.nad@mospi.gov.in
by 10th December, 2025.
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