India, Sept. 2 -- The Government of India has issued a release:
Year 1
Year 2
Growth Rate
Gross Value of Output
1,000 Cr
1,200 Cr
20.0%
Intermediate Consumption
800 Cr
976 Cr
22.0%
Nominal Gross Value Added (Current)
200 Cr
224 Cr
12.0%
(PPI Output Index)
100
110
10.0%
(PPI Input Index)
100
114
14.0%
Deflated Output (Constant)
1,000 Cr
1,091 Cr
9.1%
Deflated Inputs (Constant)
800 Cr
856 Cr
7.0%
Real Value Added (Constant)
200 Cr
235 Cr
17.5%
Current Price Growth Rate (%)
12.0%
Constant Price Growth Rate (%)
17.5%
Description
Apr-26
May-26
Jun-26
Mining & Quarrying
-3.8
-1.4
1.6
(a) Fuel Minerals
-5.6
-6.1
-1.8
(b) Metallic Minerals incl. Rare Earth Mineral
12.4
18.3
39.4
(c) Non-Metallic Minerals incl. Minor Mineral
-10.3
-6.1
-11.7
Commodity Name
Apr-26
May-26
Jun-26
Mining and Quarrying
22.0
21.2
15.5
(A) Mining of Metal Ores
27.6
25.2
23.5
(B) Mining of Coal and Lignite
-1.6
-2.3
-1.6
(C) Other Mining and Quarrying
6.9
6.5
8.7
(D) Extraction of Crude Petroleum and Natural Gas
69.5
72.2
33.7
The Ministry has released the Updated Series of Annual and Quarterly GDP estimates with base year 2022-23 on 31st August 2026. These GDP Estimates were updated using New Series of Output Producer Price Index (PPI); Banking Services Price Index (BkSPI) with the base year 2022-23 and updated data from various administrative sources.
The additional information being released now is mainly related to the adoption of double deflation methodology and consequent negative implicit deflators, its comparison with other deflation indices such as CPI and WPI, gap between nominal and real GVA/GDP, discrepancy between GDP estimates from production/income and expenditure side, comparison of new and old series growth rates, etc. To bring more clarity, the Ministry has brought out these additional questions and answers for the use of various stakeholders as per the Annexure.
Disclaimer: Curated by HT Syndication.
