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Business
SBI Research Clarifies Rs 42 Lakh Crore Revision in India’s 7.8% GDP Series
✍️ NDTV Profit
🗓 08 Sep 2026, 02:42 PM
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SBI Research has explained that the recent revision of Rs 42 lakh crore in India’s latest GDP series was made to correct earlier estimates and align the data with updated methodology.
SBI Research released a statement outlining the reasons behind the recent revision of Rs 42 lakh crore in India’s latest GDP series, which was published by the Ministry of Statistics and Programme Implementation (MOSPI). The adjustment was aimed at correcting earlier overestimates and ensuring that the data reflected the most accurate economic activity.
According to the research firm, the revision involved a comprehensive review of data collection methods and the incorporation of updated figures from key sectors. The goal was to provide a more reliable estimate of the country’s economic growth, which was reported at 7.8% for the most recent fiscal period.
SBI Research emphasized that such revisions are a normal part of the statistical process, as new information becomes available and methodologies are refined. The firm also highlighted that the corrected figure would help policymakers, investors, and analysts make better-informed decisions.
The revised GDP series is expected to be used by government agencies and financial institutions for planning and analysis, and the update has been welcomed by market participants who seek greater transparency in economic reporting.
According to the research firm, the revision involved a comprehensive review of data collection methods and the incorporation of updated figures from key sectors. The goal was to provide a more reliable estimate of the country’s economic growth, which was reported at 7.8% for the most recent fiscal period.
SBI Research emphasized that such revisions are a normal part of the statistical process, as new information becomes available and methodologies are refined. The firm also highlighted that the corrected figure would help policymakers, investors, and analysts make better-informed decisions.
The revised GDP series is expected to be used by government agencies and financial institutions for planning and analysis, and the update has been welcomed by market participants who seek greater transparency in economic reporting.