New Base Year for GDP, CPI, IIP from 2026 | Services Survey from Jan 2025 | UPSC Guide @UPSCGUIDEINDIA
New Base Year for GDP, CPI, IIP from 2026 | Services Survey from Jan 2025 | UPSC Guide  @UPSCGUIDEINDIA
Uploaded July 2025 | Updated September 2026, 2 weeks ago
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India is set to adopt a *new base year* for GDP, CPI, and IIP - effective from *early 2026*, as per the Ministry of Statistics & Programmed Implementation (MoSPI).

This major statistical reset includes:
๐Ÿ”น New base year for *GDP*: likely shifting from 2011โ€“12 to a more recent reference
๐Ÿ”น Revised *Consumer Price Index (CPI)* & *Index of Industrial Production (IIP)*
๐Ÿ”น Nationwide *Services Sector Survey* beginning *January 2025*

What does this change mean?
๐Ÿ” Will it affect fiscal planning, inflation analysis & GDP projections?
๐Ÿ” How do base years impact economic indicators?

~In this video, we decode the what, why, and how- perfect for understanding the intersection of *data, governance, and growth measurement*.

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New Base Year for GDP, CPI, IIP from 2026 | Services Survey from Jan 2025 | UPSC Guide

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