India’s GDP revamp to rely heavily on consumer surveys, GST and Vahan data - Forbes India

India’s upcoming 2022-23 GDP series integrates several high frequency datasets, including GST and Vahan, and surveys like HCES and ASUSE to capture a more granular picture of the post-pandemic economy. The revision will for the first time use the three surveys—household consumption expenditure surveys (HCES), the survey on unincorporated sector entreprises (ASUSE) and the labour force survey (PLFS…