|Unit||10 Mil. INR|
|Data||31 Mar 2020||16,018,089|
|31 Mar 2019||15,010,269|
|Source||Ministry of Statistics and Programme Implementation (MOSPI)|
|Release||Gross Domestic Product|
For India, the quarterly and annual national accounts, including the detailed expenditure approach to GDP (use of GDP) and production approach to GDP (gross value added).
Valuation is by market prices, not factor cost.
India's fiscal year runs from April 1, YYYY to March 31, YYYY+1. For example, fiscal year 2020-2021 runs from April 1, 2020 to March 31, 2021.
As of October 2019, we extend the history of the as-reported NSA series to 1996.
We compute counterparts that are seasonally adjusted at an annualized rate (SAAR).
The quartertly estimates are brought out with a timeliness of two months after the completion of a quarter. First and second quarter estimates are revised with the release of Second Advance Estimates. First, second and third release of 4th quarter estimates on 31st May. Thereafter, quarterly estimates for a financial year are revised based on revision of annual estimates each time these estimates are released for succeeding years. Apart from this regular revision calendar, the estimates are also revised in case of revision of base year of any of the indices used for compilation of these estimates. Most important indices used for compilation of GDP are Index of Industrial Production (IIP) Wholesale Price Index (WPI) and Consumer Price Indices.
At the source:
At IMF (SDDS):