|Unit||10 Mil. INR|
|Data||31 Mar 2021||16,491,262|
|31 Mar 2020||16,154,440|
|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), gross value added (production approach), and compensation of employees (income approach).
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.
For data reported by fiscal year that spans two calendar years, Data Buffet banks to the second calendar year. For example, India's data for "year 2018-19" is stored as 2019.
At the source:
At IMF (SDDS):