ndia’s GDP Growth FY25, GDP Advance Estimates 2025 Live Updates: Economy growth based on changes in Gross Domestic Product (GDP) was 8.2 per cent in Fiscal Year 2023-24. The Government will come out with the first advance estimates on Tuesday. The advance estimate is used for various Budget calculations.
The first advance estimate is critical especially after the July-September quarter shocker of 5.4 per cent. This pushed the RBI to cut growth forecast for the current fiscal to 6.6 per cent from the earlier 7.2 per cent. Still, Finance Minister Nirmala Sitharaman has been hopeful about growth picking up.
ALL UPDATES
- January 07, 2025 11:13
GDP Advance Estimates Live News & Updates: Growth expected to slow down to 6.3-6.6% in FY25
The Indian economy is expected to grow between 6.5 and 6.8 per cent during 2024-25. If the growth rate estimate is close to projections, then it would be the first time in four years (2021-22 to 2024-25) it would go below 7 per cent.
Economy growth based on changes in Gross Domestic Product (GDP) was 8.2 per cent in Fiscal Year 2023-24. The Government will come out with the first advance estimates on Tuesday. The advance estimate is used for various Budget calculations.
- January 07, 2025 11:08
GDP Advance Estimates Live news & updates: Any growth rate below 6% will affect common man, warns EY’s Srivastava
Unless we reach 6.5-7%, we may not be able to create conditions for significant improvement in employment situation, says DK Srivastava, Chief Policy Advisor, EY India. Read the full report here.
SHARE
- Copy link
- Email
- Facebook
- Telegram
- LinkedIn
- WhatsApp
- Reddit
Published on January 7, 2025
