India updated its merchandise trade indices with FY2022-23 as the new base year.

GK and monthly revision
India updates trade index base year to FY23 to better capture new-age trade trends
India has updated its merchandise trade indices with FY2022-23 as the new base year, replacing FY2012-13. This change aligns India's trade data with global standards and reflects current trade realities. The Directorate General of Commercial Intelligence and Statistics announced the update following expert committee recommendations. This revision aids policymakers and businesses in making informed decisions based on accurate data.
Revision structure
Key points
Exam-ready takeaways
The old base year FY2012-13 has been replaced to reflect current trade realities.
The Directorate General of Commercial Intelligence and Statistics announced the change.
The revision follows recommendations from an expert committee for international statistical alignment.
This update helps policymakers and businesses make informed decisions with accurate data.
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Keep state job pages, calendar pages and GK packs connected in one path.