India's real GDP to grow 6.4% in FY25: NSO's 1st advance estimates

Nominal GDP will see a growth rate of 9.7 per cent in FY25 over 9.6 per cent projected for FY24.

Real gross value added (GVA) will grow by an estimated 6.4 per cent in FY25 compared to 7.2 per cent in FY24. Nominal GVA will grow by an estimated 9.3 per cent in FY25 compared to 8.5 per cent in FY24.

Private final consumption expenditure at constant prices will see a growth rate of 7.3 per cent during FY25 compared to 4 per cent in the last fiscal.

Government final consumption expenditure at constant prices has rebounded to a growth rate of 4.1 per cent compared to 2.5 per cent in last fiscal.

ALCHEMPro News Desk (DS)