Govt to release GDP figures for Dec 2025 quarter today:New base year may lead to revision of GDP of previous quarters of FY26

The National Statistical Office (NSO) is all set to release India’s Gross Domestic Product (GDP) growth rate figures for the third quarter (Q3) of the financial year 2025-26 (FY26) at 4 pm on Friday, 27 February, 2026. 1st ever GDP figures based on new base year The Q3 FY26 GDP data will be the first ever GDP data that will be estimated based on the new base year. The government recently changed the base year from 2011-12 to 2022-23. This is aimed to provide a more accurate gauge of overall growth momentum and the current structure of the Indian economy. Lets see how India’s GDP fared in the previous quarter? According to the NSO, India’s real GDP had shot up to a 6-quarter high of 8.20% in July-Sept 2025-26 from 7.8% in Q2 FY26. Lets see how India’s GDP fared exactly a year ago: India clocked 6.4% GDP in Q3 FY25: In year ago quarter ie in Q3 FY25, the country’s economy had expanded at a rate of 6.4%. RBI DG on India’s GDP: According to Poonam Gupta, Deputy Governor, Reserve Bank of India (RBI), the average GDP figures in past decades are as follows: How Indian economy fared since Covid? The COVID-19 pandemic hit India hard, causing the economy to shrink. But since then, India has been on a path to recovery. Let’s take a look at how the economy has grown. The Big Dip: How COVID Hurt the Economy In 2020, when the pandemic started, India’s economy took a big hit. Lockdowns and restrictions meant businesses had to close, people lost jobs, and overall spending went down. This led to a shrinking of the GDP, which is the total value of goods and services produced in a country. In the Covid year ie FY21, the GDP had shrinked by 5.8%. But after that, there was no looking back. The Rebound: Economy Starts to Grow Again After the initial shock, things started to improve. As the lockdowns eased and people started getting vaccinated, businesses began to reopen. The government also took steps to help the economy, like spending money on infrastructure projects and providing support to small businesses. As a result, the GDP growth rate rose to as high as 9.70% in FY22. Albeit, in the fiscal after that, the metric fell to 6.5%. And, in the current financial year, the GDP is expected to be 7.4% as per the first advance estimates of the NSO.