According to the 15th edition of the Periodic Labour Force Survey (PLFS) Monthly Bulletin released by the National Statistical Office (NSO), the overall unemployment rate for individuals aged 15 and above remained unchanged at 5.5% in June 2026.
The unemployment rate in rural areas decreased from 5.1% in May 2026 to 5% in June 2026, while the rate in urban areas increased from 6.4% to 6.6%. The Labour Force Participation Rate for persons aged 15 and above stood at 54.4% in June 2026, and the Worker Population Ratio at the all-India level was 51.4%.
The National Statistics Office (NSO) has released the Provisional Estimates (PE) of annual Gross Domestic Product (GDP) for the FY26 and the quarterly estimates for the fourth quarter (Q4) of FY26.
India’s real GDP growth for FY26 is estimated at 7.7%, reflecting a 60 basis points (bps) increase from 7.1% in FY25. Real GDP at constant (2022-23) prices is estimated at ₹323.12 lakh crore for FY26, compared to ₹299.89 lakh crore in the First Revised Estimates (FRE) for FY25
Nominal GDP at current prices grew by 8.9% in FY26 to reach ₹346.36 lakh crore, compared to 9.7% growth and a value of ₹318.07 lakh crore in the previous financial year. These estimates are based on a revised base year of 2022-23, which was introduced by the Ministry of Statistics and Programme Implementation (MoSPI) in February 2026, replacing the previous 2011-12 base year.
In Q4 FY26, real GDP grew by 7.8%, with the value estimated at ₹87.77 lakh crore, up from ₹81.40 lakh crore in Q4 FY25. Meanwhile, nominal GDP in Q4 FY26 registered a growth rate of 9.1%, reaching an estimated value of ₹94.65 lakh crore compared to ₹86.75 lakh crore in Q4 FY25.
The National Statistics Office (NSO) has notified uniform guidelines for the compilation of Gross State Value Added (GSVA), designating 2022-23 as the new base year.
It is to be noted that 34 States and Union Territories (UTs) currently use 2011-12 as the base year for Gross State Domestic Product (GSDP) estimates, except for Lakshadweep and Dadra and Nagar Haveli and Daman and Diu. The Ministry of Statistics and Programme Implementation (MoSPI) seeks to onboard all States and UTs under the new series.