Statistics Ministry Unveils Manual for States to Compute GDP via Expenditure Approach

Exam-focused facts from the 10 October 2026 current affairs briefing.

Key facts

The statistics ministry unveiled a new manual for computing state GDP through the expenditure approach, tracking household spending, government outlays, capital investments, and net trade, moving away from the decades-old production approach.
The new methodology explicitly logs modern household costs, including OTT streaming subscriptions, DTH fees, and specialised personal care items such as face washes, hair serums, and electric grooming tools.