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    advtanmoy
    Keymaster

    The First Advance Estimates of GDP, introduced in 2016-17 to serve as essential inputs to the Budget exercise, is based on limited data and compiled using the Benchmark-Indicator Method i.e. the estimates available for the previous year (2021-22 in this case) are extrapolated using relevant indicators reflecting the performance of sectors.

    [See the full post at: First Advance Estimates of National Income, 2022-23 (India)]

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