The National Statistical Office (NSO), released the First Advance Estimates (FAE) of National Income for the financial year 2023-24, both at Constant (2011-12) and Current Prices today. Real GDP or GDP at Constant (2011-12) Prices in the year 2023-24 is estimated to attain a level of Rs 171.79 lakh crore, as against the Provisional Estimate of GDP for the year 2022-23 of Rs 160.06 lakh crore, released on 31st May, 2023. The growth in real GDP during 2023-24 is estimated at 7.3 per cent as compared to 7.2 per cent in 2022-23.

Nominal GDP or GDP at Current Prices in the year 2023-24 is estimated at Rs 296.58 lakh crore, as against the Provisional Estimate of GDP for the year 2022-23 of Rs 272.41 lakh crore, released on 31st May, 2023. The growth in nominal GDP during 2023-24 is esti...

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