The National Statistical Office (NSO) has released its first advance estimates projecting a robust 7.3% growth for India’s GDP in the fiscal year 2023-24. This surpasses the 7.2% growth recorded in the previous financial year. Notably, the construction sector is expected to lead with double-digit growth at 10.7%.
What is the projected GDP growth rate for India in the fiscal year 2023-24, as per the first advance estimates by the National Statistical Office (NSO)?
Provide a brief overview of the global perspectives mentioned in the article regarding India’s economic growth and its positioning on the global stage.
Please provide your answers in the comment section!!
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