First Advance Estimates (FAE) of National Income 2024-25 – An Overview

First Advance Estimates (FAE) of National Income 2024-25 – An Overview All eyes will be on the budget this years, as the expectations on many things are lurking around. Before going further, let us look at what the First Advance Estimates (FAE) of National Income 2024-25, released by the National Statistics Office, Ministry of Statistics …

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India’s real GDP estimated to grow at 7% during 2022-23 – First Advance Estimates

India’s real GDP estimated to grow at 7% during 2022-23 – First Advance Estimates In 2016-17, the First Advance Estimates of GDP was introduced. The First Advance Estimates of GDP was introduced essentially to serve as inputs to the budget exercise. This is based on limited data and compiled using Benchmark-Indicator method, i.e. the estimates …

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