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GDP growth accelerates to 8.4% in Q3; annual growth pegged at 7.6% – Central India's Premier English Daily

GDP growth accelerates to 8.4% in Q3; annual growth pegged at 7.6% – Central India's Premier English Daily
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GDP estimates: Decoding GDP Estimates: Six iterations in three years, but is it necessary?

Releasing GDP estimates undergoes six revisions over three years, starting with the First Advance Estimate (FAE). Examining four years of data reveals similarities between estimates, suggesting the merging of FAE and Second Advance Estimate (SAE) to streamline the process. Scrutiny indicates negligible differences between Second Revised Estimate (SRE) and Third Revised Estimate (TRE), proposing the elimination of TREs for a more efficient system. Additionally, consolidating First Revised Estimate (FRE) and SRE could yield a more accurate, swifter estimation process within 16 months. ....

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India's economy to grow at 7 pc in FY23

India s GDP or gross domestic product may grow 7 per cent in financial year 2022-23, according to the second advance estimates released by the Ministry of Statistics and Programme Implementation (MoSPI) on Tuesday. ....

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India's economy to grow at 7 pc in FY23

India's economy to grow at 7 pc in FY23
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