India’s GDP growth: Examining the discrepancies and methodologies
GDP numbers released in the Press Note dated February 28, 2025 (henceforth referred to as ‘the document’) present four sets of data. They pertain to: (a) Quarterly Estimates of GDP for Q3 (October-December) of 2024-25; (b) Advance Estimates of Annual GDP for 2024-25;(c) First Revised Estimates (RE) of GDP and macro aggregates for 2023-24; and (d) Second Revised Estimates or Final Estimates (FE) for 2022-23.
