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India to update base year for national accounts data to 2022–23: FM Sitharaman

New Delhi, Dec 3 (IANS) India will adopt 2022-23 as the new base year for calculating national accounts with effect from February 26–27 next year, as part of the update to the country’s economic data framework, Finance Minister Nirmala Sitharaman announced in Parliament on Wednesday. The new 2022-23 base will replace the current base year […]