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17 days ago
India set for better growth with fundamental change
Summary
India’s shift in the national accounts base year to 2022-23 has lifted real GDP growth estimates for 2025-26 to 7.6 per cent from 7.4 per cent earlier, reflecting structural economic changes and new data sources. The revision also raised 2026-27 projections to 7-7.4 per cent. Analysts say the update enhances credibility, aligns with global standards, and improves policy assessment, with positive implications for equities, fiscal stability and investment outlook.
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In Case you missed it
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AI Description
The article discusses India's updated GDP growth estimates following a change in the national accounts base year to 2022-23. This adjustment reflects structural economic changes and new data sources, enhancing the credibility of economic projections.