First Advance Estimate Of FY24 India GDP Comes In At 7.3%


First Advance Estimate Of FY24 India GDP Comes In At 7.3%

 Ministry of Statistics and Program Implementation (MOSPI) has put out its first advance estimate for FY24 GDP at 7.3%. The GDP estimate by MOSPI for FY24 is 30 bps higher than the latest RBI estimate of 7% for FY24. After the first advance estimate, RBI may also upgrade its GDP, which will soon be announced in the February 2024 policy. 

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