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 27^th 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 10^th December, 2025.

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Samrat

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