SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

MoSPI proposes new base year for GDP, IIP, CPI

07 Aug 2025 Evaluate

Minister of State for Statistics & Programme Implementation (MoSPI) has said that the ministry is underway to revise the base year of Gross Domestic Product (GDP), Index Industrial Production (IIP) and Consumer Price Index (CPI). In order to capture the structural changes happening in the economy, the base year is revised periodically by updating the methodology of compilation and incorporation of new data sources.

The year 2022-23 has been proposed as new base year for the GDP and IIP, meanwhile, for CPI the proposed base year is 2024. For the CPI, list of items and their respective weights derived from the Household Consumption Expenditure Survey of 2023-24 is used in the revised index. 

The Ministry has conducted its first Forward-Looking Survey on Private Corporate Sector CAPEX Investment Intentions from November 2024 to January 2025 and the findings of the survey have been published. Further, ministry has conducted a Pilot Study on Annual Survey of Services Sector Enterprises (ASSSE) to capture insights into the Incorporated Service Sector. The decision to conduct the next Economic Census is yet to be taken.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×