Base year change pushes GDP growth to 6.9% in 2013-14
The economic growth rate was Friday revised upwards to 6.9 percent for 2013-14, as against 4.7 percent estimated earlier, after the government updated the base year for measuring national accounts.
Jan 30, 2015, 19:05 PM ISTBase year for GDP revised; new base will be 2011-12
A new series of national accounts with 2011-12 as base year for computing economic growth rate has been released Friday, which may provide some cushion to government struggling to meet fiscal deficit target.
Jan 30, 2015, 17:59 PM IST