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