#RevisedGDP

Revised GDP framework to boost credibility of India’s national accounts statistics: Economists New Delhi, Feb 27 (SocialNews.XYZ) As India moves towards deeper integration in the global value chains, base year updates at regular intervals, current after every five years, it reflects the government's commitment to data-driven policy intervention to shocks in the global economy, economists said on Friday. New estimates of real GDP at Rs 322.58 lakh crore in FY 2025-26, against the First Revised Estimate (FRE) of GDP for the year 2024-25 of Rs 299.89 lakh crore pegs GDP growth rate at 7.6 per cent, as compared to 7.1 per cent in FRE 2024-25.

Revised GDP framework to boost credibility of India’s national accounts statistics: Economists #RevisedGDP #Indias #Economists #socialnewsxyz