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Informal sector GVA estimates to get a leg up in new GDP series
Financial Express Mumbai
|November 27, 2025
THE NEW GROSS domestic product (GDP) series with 202223 as the base year will be marked for a new element of dynamism in estimating the household sector.
It will have the gross value added (GVA) estimates of the large unincorporated sector compiled using industry-wise productivity information, the ministry of statistics and programme implementation (MoSPI) said in a statement on Thursday.
What has come in handy for the government is a more granular collection of data through the Annual Survey of Unincorporated Sector Enterprises (ASUSE) with corresponding workforce estimates from the Periodic Labour Force Survey (PLFS).
The increased directness in the GVA estimates of the informal sector will help address the concerns over the accuracy of indicator-based extrapolation approach for the unincorporated sector followed in the current GDP series (base year 2011-12).
Dit verhaal komt uit de November 27, 2025-editie van Financial Express Mumbai.
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