The statistics and programme implementation ministry has revised the release schedule for provisional gross domestic product (GDP) estimates and fourth-quarter GDP data to June 7 of each year, or the previous working day in case of a holiday, from the last working day of May.
The change followed consultations with the Advisory Committee on National Accounts Statistics (ACNAS), as several datasets become available only after a delay of up to two months.
As a result, the provisional GDP estimates for FY26 and Q4FY26 are scheduled to be released on June 5.
According to the ministry, listed companies are required to file audited fourth quarter and annual financial results within 60 days of the financial year-end, leading many firms to submit data close to the May 31 deadline. Similarly, key central government fiscal data for March relating to revenue expenditure, capital expenditure, taxes, subsidies, and interest payments are finalised only after a two-month lag.
“This revision forms part of the continued efforts of the Ministry towards improving the quality, coverage and robustness of data used in national accounts compilation and is also aligned with prevailing international best practices,” the ministry said in a statement.
The change followed consultations with the Advisory Committee on National Accounts Statistics (ACNAS), as several datasets become available only after a delay of up to two months.
As a result, the provisional GDP estimates for FY26 and Q4FY26 are scheduled to be released on June 5.
According to the ministry, listed companies are required to file audited fourth quarter and annual financial results within 60 days of the financial year-end, leading many firms to submit data close to the May 31 deadline. Similarly, key central government fiscal data for March relating to revenue expenditure, capital expenditure, taxes, subsidies, and interest payments are finalised only after a two-month lag.
“This revision forms part of the continued efforts of the Ministry towards improving the quality, coverage and robustness of data used in national accounts compilation and is also aligned with prevailing international best practices,” the ministry said in a statement.
