India releases provisional GDP estimates: What the data show

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The Ministry of Statistics and Programme Implementation (MoSPI) on Friday released two interrelated data sets on India’s national income and the size of its economy. The first provides an estimate of India’s economic growth in the fourth quarter (Q4, January to March) of the last financial year (2024-25 or FY25). The second provides provisional estimates of economic growth for FY25. How is national income measured? Economic growth is measured using two metrics. Story continues below this ad Gross Domestic Product (GDP) is calculated by adding up all the expenditures made in the economy, including expenditures by Indians in their individual...