GDP numbers for FY24 show discrepancies of Rs 2.59 lakh crore

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Discrepancies in computation of advance estimates of the country's Gross Domestic Product for 2023-24 stood at Rs 2.59 lakh crore as against (-) Rs 3.80 lakh crore in 2022-23 and (-) Rs 4.47 lakh crore in 2021-22, according to National Statistical Office (NSO)..

On Friday, the NSO released its first advance estimates of national accounts which showed that the Gross Domestic Product (GDP) or Indian economy will grow at 7.3 per cent in 2023-24, slightly higher than 7.2 per cent in 2022-23...

The NSO's first estimates of national accounts for this fiscal also showed that the country's gross value added (GVA) will grow at 6.9 per cent 2023-24, lower than 7 per cent in 2022-23...

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