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Added on : 2024-01-05 11:51:34

India is likely to project higher economic growth estimates of around 7% for the 2023/24 fiscal year ending in March, compared with earlier government forecasts when the National Statistical Office releases its first advance GDP estimates on Friday.

An increased estimate of annual gross domestic product is widely expected after the Reserve Bank of India (RBI) revised its own growth forecast last month to 7% for the current fiscal year, from an earlier estimate of 6.5%.

Editor & Publisher : Dr Dhimant Purohit

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