Learn what GDP is, its importance, and how it's calculated using simple methods. Understand India’s GDP and its role in shaping the economy. GDP is a key indicator of a nation's economic health and ...
GDP has several limitations. It does not reveal how wealth is distributed among citizens. Additionally, it may not fully capture significant informal economic activity. GDP also overlooks the ...
India's public debt, a mix of internal and external borrowing, is used to fund developmental projects when government revenue falls short. The debt-to-GDP ratio, a key indicator of economic health, ...
the ONS publishes one single measure of GDP, which is calculated using all three measurements. But early estimates mainly use the output measure, using data collected from thousands of companies.
The government has announced its decision to change the base year for GDP calculation from 2011-12 to 2022-23. The base year is a benchmark for calculating GDP by eliminating the effects of inflation, ...
the ONS publishes one single measure of GDP, which is calculated using all three measurements. But early estimates mainly use the output measure, using data collected from thousands of companies. The ...